News

Michigan February Cannabis Sales $261.1 Million, Up 10 Percent From January

LANSING - Michigan cannabis sales in February totaled $261.1 million, up nearly 10 percent from the $242.8 recorded in January. Total includes both adult-use and medical sales. Adult-use sales were $257.9 million, and medical only $2.2 million. For medical cannabis the average ounce sales price was $102.16 and for adult-use $91.94, the Cannabis Regulatory Agency reported.

By |2024-03-14T16:53:16-04:00March 14th, 2024|Featured, Marijuana Business, News|

DEA Officials At Odds With Biden Admin Over Marijuana Rescheduling Push

WASHINGTON DC - Officials with the Drug Enforcement Administration are reportedly resisting calls to reschedule marijuana, creating tension with the White House as President Joe Biden continues to tout his role in directing the cannabis review. That’s according to an article published by The Wall Street Journal on Saturday, with the report citing “people familiar

By |2024-03-13T11:28:58-04:00March 13th, 2024|Marijuana Business, News|

Public Service Commission Approves $92 Million Consumers Energy Rate Increase

LANSING - The Michigan Public Service Commission approved a more than $92 million increase in rates for electric customers of Consumers Energy Co., including significant emphasis on investments needed to improve reliability (Case No. U-21389). The $92,009,000 increase is 57.4% lower than the $216 million rate increase the utility sought in its initial application. Consumers

By |2024-03-04T16:52:38-05:00March 3rd, 2024|News|

Pew: Nearly 80 Percent Of Americans Have A Cannabis Dispensary In Their County

WASHINGTON DC - Seventy-nine percent of Americans reside in a county that has at least one licensed marijuana retailer, according to data published today by the Pew Research Center.The Pew analysis estimates that nearly 15,000 dispensaries are currently operating in the United States. While cannabis retailers are relatively common on the west coast, in the northeast,

By |2024-03-04T16:50:56-05:00March 3rd, 2024|Marijuana Business, News|

$87 Million In Michigan Cannabis Tax Collections For 2023 To Be Shared With Municipalities And Counties, 46 Percent Increase From 2022

LANSING - The Michigan Treasury Department reported Thursday that 198 municipalities will receive $43.5 million from marijuana taxes collected from 737 cannabis dispensary licenses, while 71 of the state’s 83 counties will reap the same $43.5 million in cannabis taxes. The remaining 12 have opted out of allowing cannabis dispensaries. Each eligible municipality and country

By |2024-03-01T13:57:17-05:00March 1st, 2024|Featured, Marijuana Business, News|

Stellantis North America Executive Focused On Dealers In EV Transition

AUBURN HILLS - Leading a turnaround for General Motors in South America wasn’t magic, according to Carlos Zarlenga. “What it was, was hard work, listing the problems and not letting go until you fix them,” said Zarlenga, who left his job as president and CEO of GM South America in 2021. He joined Stellantis in

By |2024-02-28T19:01:52-05:00February 28th, 2024|Auto Tech, News|

Executive Search Partners Offers Free C-Level Resume Critiques

ANN ARBOR - If you are searching for a C-Level management position, particularly if it is as a Chief Information Officer or Chief Information Security Officer, Executive Search Partners is now offering to critique your resume and prepare you for the job interview free of charge. Gary Erickson founded Executive Search Partners in 2003 and

By |2024-02-27T11:20:26-05:00February 27th, 2024|mitechtv, News|

Report: Detroit’s Economic Picture Expected To Brighten Over Next 5 Years

ANN ARBOR - Detroit is likely to experience falling unemployment, rising wages and an expanding labor force in the years ahead despite a slowing national economy and the lingering risk of a recession in the near term. The “cautiously optimistic” forecast comes courtesy of the Detroit Economic Outlook 2023-28, produced by the University of Michigan. The

By |2024-02-24T13:16:28-05:00February 24th, 2024|News|

Biden Missing Opportunity To Sway Young Voters On Legalizing Cannabis

WASHINGTON DC - Cannabis advocates say President Biden is missing an opportunity to sway young voters with his reluctance to take bigger steps to legalize marijuana at the federal level. The Biden administration has opened several avenues for marijuana reform including issuing federal pardons for simple possession and starting the process of potentially rescheduling marijuana’s status under

By |2024-02-24T12:35:52-05:00February 24th, 2024|Marijuana Business, News, Politics, Politics/Government|

$6.3 Million Illegal Cannabis Grow In Highland Park Busted By State Police

HIGHLAND PARK  - Michigan State Police uncovered a large-scale marijuana grow operation in Highland Park Feb 21, seizing an estimated millions of dollars in illicit pot during the investigation. More than 4,000 marijuana plants were discovered inside a structure on Feb. 21 when state police's marijuana & tobacco investigation team executed a search warrant. According to a post from police

By |2024-02-24T12:35:53-05:00February 24th, 2024|Featured, Marijuana Business, News|