Marijuana Business

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

Ohio Voters Have Days Left To Stop Lawmakers From Rewriting Legal Cannabis Law

COLUMBUS — Ohio voters are down to the final days to decide whether they will have a direct say in the future of the state’s cannabis law — or allow lawmakers to rewrite it. A citizen-led petition drive to challenge Senate Bill 56 (SB56) faces a hard deadline of March 19. If supporters fail to

By |2026-03-17T10:46:55-04:00March 17th, 2026|Marijuana Business, News|

Michigan Cannabis Licenses Decline as Industry Shakeout Forces Growers and Dispensaries to Exit

LANSING - Michigan’s once booming cannabis industry is beginning to contract as the number of active marijuana business licenses declines and hundreds of previously issued licenses disappear from the market. Data from the Michigan Cannabis Regulatory Agency (CRA) shows that Michigan had about 2,171 active cannabis licenses by the end of 2025, covering growers, processors,

By |2026-03-15T18:35:32-04:00March 15th, 2026|Marijuana Business, News|

As Cannabis Debit-Cards Get Shut Down, Genus Credit Services POB System Thrives

ANN ARBOR - As legal cannabis sales surge nationwide, thousands of provisioning centers this month now face payment challenges. Across the United States, cannabis retailers are reporting disruptions to debit-style payment platforms long used to help cannabis businesses reduce reliance on cash. The shutdowns are the result of an undo interference on the part of

By |2026-03-16T17:33:46-04:00March 13th, 2026|Featured, Marijuana Business, News|

Clock Ticking: Ohio Cannabis Industry Scrambles to Gather 250K Signatures Before Repeal Deadline

COLUMBUS - The clock is ticking for Ohio’s cannabis industry. Advocates trying to overturn new marijuana restrictions passed by state lawmakers are racing to collect roughly 250,000 valid voter signatures before a March 19 deadline, a move that could suspend the controversial law and send the issue back to Ohio voters in 2026. If the

By |2026-03-11T15:23:58-04:00March 11th, 2026|Marijuana Business, News|

Michigan Cannabis Sales Sink Toward Two-Year Low as 24% Tax Rocks $3B Industry

LANSING - Michigan’s legal cannabis market may have just posted its worst monthly sales performance in more than two years — a decline many industry operators say is tied to the state’s controversial new 24 percent wholesale marijuana tax. Preliminary industry data from cannabis analytics firm Headset.io projects Michigan cannabis sales dropped to about $206.18

By |2026-03-09T19:29:48-04:00March 9th, 2026|Featured, Marijuana Business, News|

Ohio AG Accuses Cannabis Giants of Cartel Behavior — Could It Impact Michigan’s $3B Market?

COLUMBUS - Ohio Attorney General Dave Yost has filed a sweeping antitrust lawsuit accusing nine of the nation’s largest cannabis companies of operating a coordinated “cartel” designed to control market access and suppress competition. The lawsuit, filed in Franklin County Common Pleas Court, alleges the companies violated Ohio’s Valentine Act — the state’s primary antitrust

By |2026-03-06T09:35:15-05:00March 6th, 2026|Marijuana Business, News|

Michigan’s 24% Cannabis Tax Faces Repeal Push and Industry Lawsuit

LANSING - Michigan’s controversial 24 percent wholesale cannabis tax is facing challenges on two fronts — in the Legislature and in the courts — as lawmakers move to repeal the levy just months after it took effect. A bipartisan group of Michigan legislators has introduced bills that would eliminate the wholesale tax, arguing the measure

By |2026-03-05T13:31:41-05:00March 5th, 2026|Marijuana Business, News|

$54,017 Per Store: How Michigan’s $93.7M Cannabis Tax Windfall Is Distributed In 2026

LANSING - Michigan is sending nearly $94 million in adult-use marijuana tax revenue back to local governments across the state, with Detroit, Grand Rapids, Lansing and Ann Arbor among the largest municipal recipients. According to the Michigan Department of Treasury’s 2026 distribution report a total of $83,773,685.60 was distributed based on cannabis revenues collected during

By |2026-03-03T11:49:43-05:00March 3rd, 2026|Marijuana Business, News|

Ohio Cannabis Law Fight: What Senate Bill 56 Means For Retailers, Consumers And The Voter Mandate

COLUMBUS - Ohio’s cannabis market is facing another political test. A coalition of hemp shop owners, cannabis retailers and advocates is attempting to block changes contained in Ohio Senate Bill 56, arguing the law rewrites what voters approved when they legalized adult-use marijuana. At the center of the fight is Bellaire shop owner and village

By |2026-02-27T13:25:56-05:00February 27th, 2026|Marijuana Business, News|

Michigan Lawmakers Move To Ban Kratom As $2 Billion Market Faces Shutdown

LANSING - Michigan lawmakers are weighing a proposal that would outlaw kratom statewide — a move that would place the state alongside a small but growing list of states banning the controversial herbal product. The legislation, introduced in Lansing this week, would prohibit the sale and cultivation of kratom in Michigan and impose penalties on

By |2026-02-26T08:32:35-05:00February 26th, 2026|Marijuana Business, News|