Marijuana Business Archives

Ohio Adult-Use Pot Sales Top $600 million, Doubling Medical Marijuana Sales

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 Staff Writer|2025-07-09T16:03:27-04:00July 9th, 2025|Marijuana Business, News|

High Prices, Poor Marketing, Stunt Ohio Cannabis Market

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 Staff Writer|2025-07-07T16:47:25-04:00July 7th, 2025|Marijuana Business, News|

CRA Director Hanna Urges Cannabis Community To Lobby Michigan Legislature For Changes

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 Staff Writer|2025-07-03T11:10:08-04:00July 3rd, 2025|Featured, Marijuana Business, News|

Delta-8 Ban Won’t Come Up Again For Vote In Ohio Legislature Until October

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 Staff Writer|2025-07-03T10:17:26-04:00July 3rd, 2025|Marijuana Business, News|

Modifying Voter-Approved Cannabis Legalization Stalled in Ohio General Assembly, Much To The Relief Of Hemp Retailers

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 Staff Writer|2025-07-02T11:04:47-04:00July 2nd, 2025|Marijuana Business, News|

TerrAscend Announces Exit from Michigan Market

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 Mike Brennan|2025-07-01T11:17:17-04:00July 1st, 2025|Featured, Marijuana Business, News|

CRA Finalizes Non-Renewal of Processor License for Mt. Morris-based Sky Labs

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

Matt Gaetz To Get $250,000 From Trulieve If He Can Get Trump To Legalize Pot Nationally

Matt Gaetz To Get $250,000 From Trulieve If He Can Get Trump To Legalize Pot Nationally

PENSICOLA, FLA. - Former Rep. Matt Gaetz (R-FL) was reportedly photographed reviewing a document that appears to be a draft contract to provide services—including “administration-related guidance”—to a firm affiliated with the major marijuana company Trulieve. The visible portion of the document describes a lucrative bonus if a certain “matter resolves,” with an “additional ‘Super Success

By Staff Writer|2025-06-29T17:18:05-04:00June 28th, 2025|Marijuana Business, News|

Ohio Legislature Fails To Act On Bill To Amend Voter-Approved Cannabis Legalization

Ohio Legislature Fails To Act On Bill To Amend Voter-Approved Cannabis Legalization

COLUMBUS - For the second week in a row, Ohio Senate Bill 56 was up for a possible vote out of the Ohio House Judiciary Committee, but both times the vote did not take place. Once the bill is voted out of committee, it can be brought to the House floor for a vote. The Senate passed the bill

By Staff Writer|2025-06-25T14:54:14-04:00June 25th, 2025|Marijuana Business, News|

Ohio State Rep Voices Support For Not Making Changes To Voter-Approved Cannabis Legalization

Ohio State Rep Voices Support For Not Making Changes To Voter-Approved Cannabis Legalization

COLUMBUS –State Rep. Sean Patrick Brennan (D-Parma) this week voiced strong support for the position that the Ohio Constitution places meaningful limits on the General Assembly’s ability to alter or undo voter-approved initiated statutes—such as the 2023 adult-use cannabis legalization measure passed by Ohioans. “Ohio voters spoke clearly and decisively in 2023 when they approved

By Staff Writer|2025-06-24T15:25:44-04:00June 24th, 2025|Marijuana Business, News|