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Marijuana Business

Marijuana business news and information resource for the medical marijuana and retail cannabis industry.

Ohio State Budget Excludes Voter-Backed Pot Social Equity And Jobs Program

COLUMBUS - With the passage of the state budget and lawmakers going on recess until fall, the status of laws and policies around Ohio’s legal cannabis programs at mid-year 2025 remains in a state of flux. In at least one recent development, though, lawmakers have decided that the state should forgo a voter-backed cannabis social

By |2025-07-16T18:30:18-04:00July 16th, 2025|Marijuana Business, News|
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June Cannabis Prices Continue 5-Month Decline, Despite Selling More Product

LANSING - Michigan cannabis sales fell again, for the fifth month in a row, from the same months in 2024. Ironically, Michigan dispensaries sold 17.6 percent more cannabis by weight compared to the same period in 2024. The dichotomy is due to falling prices and over saturation of the market. The average price for an

By |2025-07-16T11:10:04-04:00July 16th, 2025|Featured, Marijuana Business, News|
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Ballot Initiative To Depenalize Misdemeanor Cannabis Crimes Approved In Ohio City

ATHENS, Ohio - A ballot initiative in Athens, Ohio has been accepted which, if approved, would reduce penalties for misdemeanor cannabis offenses to the lowest penalty allowed by state law, the Athens Post reports. The Athens Cannabis Ordinance (TACO) seeks to remove the 30-day jail sentence and $250 fine associated with low-level cannabis crimes. The ballot approval comes

By |2025-07-10T18:22:56-04:00July 10th, 2025|Marijuana Business, News|
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Ohio Adult-Use Pot Sales Top $600 million, Doubling Medical Marijuana Sales

COLUMBUS - Ohio adult-use marijuana stores have racked up $600 million in sales since the market launched in Aug. 2024, recent data shows. And so far, customers are buying twice as much cannabis from adult-use stores as they are from MMJ dispensaries, according to Columbus-based NBC-4. Existing MMJ dispensaries were first in line to start selling to all adults

By |2025-07-09T16:03:27-04:00July 9th, 2025|Marijuana Business, News|
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High Prices, Poor Marketing, Stunt Ohio Cannabis Market

CLEVELAND - Ohioans had great expectations for recreational marijuana after voting to legalize personal use of the plant in Nov. 2023. According to data from the Ohio Division of Cannabis Control, total marijuana sales have reached over $2.7 billion as of mid-June. Non-medical cannabis comprises about $587 million of that figure, with Ohio expected to

By |2025-07-07T16:47:25-04:00July 7th, 2025|Marijuana Business, News|
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CRA Director Hanna Urges Cannabis Community To Lobby Michigan Legislature For Changes

LANSING - Cannabis Regulatory Agency Director Brian Hanna said, during the agency's quarterly public meeting, that if industry members want to see change, the best way may be to talk directly with state lawmakers. CRA enforces the laws, it doesn't make them.  "We understand that there is oversupply in the state of Michigan," he said. "We

By |2025-07-03T11:10:08-04:00July 3rd, 2025|Featured, Marijuana Business, News|
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Delta-8 Ban Won’t Come Up Again For Vote In Ohio Legislature Until October

COLUMBUS, Ohio — A hotly debated piece of legislation failed to pass before the Ohio General Assembly went on their summer vacation that doesn't end until October. “I’m hopeful that the legislature will wrap this up and give us a bill and we can go on to other discussions,” Ohio Gov. Mike DeWine said, still

By |2025-07-03T10:17:26-04:00July 3rd, 2025|Marijuana Business, News|
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Modifying Voter-Approved Cannabis Legalization Stalled in Ohio General Assembly, Much To The Relief Of Hemp Retailers

COLUMBUS - Another busy season for the Ohio General Assembly came and went without any success modifying marijuana laws, much to the relief of hemp-product retailers. Early on in June, Republican lawmakers said they were close to consensus on changes, an issue they have gone back and forth over since smoking or ingesting it became

By |2025-07-02T11:04:47-04:00July 2nd, 2025|Marijuana Business, News|
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TerrAscend Announces Exit from Michigan Market

TORONTO, Canada - TerrAscend Corp.announced in a press release on June 30 that it has completed a strategic review of its Michigan business operations and decided to exit the Michigan market. “After an extensive evaluation, we have made the strategic decision to exit the Michigan market,” said Jason Wild, Executive Chairman of TerrAscend. “Michigan is

By |2025-07-01T11:17:17-04:00July 1st, 2025|Featured, Marijuana Business, News|
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CRA Finalizes Non-Renewal of Processor License for Mt. Morris-based Sky Labs

LANSING - The CRA announced on June 30 the nonrenewal of the processor license for Sky Labs. On December 3, 2024, the Cannabis Regulatory Agency (CRA) received an application from Sky Labs for the renewal of marijuana license AU-P-000157; on January 31, 2025, the CRA issued a notice of nonrenewal denying Sky Lab’s application to renew

By |2025-07-01T11:04:22-04:00July 1st, 2025|Marijuana Business, News|
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