Marijuana Business

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

Auction To Sell The Last of Skymint’s Equipment Nov. 12-13

A two-day auction is scheduled for next month to sell the remaining equipment assets formerly owned by defunct Skymint, which entered receivership in March 2023 after defaulting on a loan. Robert Levy Associates and Solid Asset Solutions on Monday said in a news release that an online auction would be held Nov. 12-13 for a wide range

By |2024-10-30T16:07:11-04:00October 30th, 2024|Marijuana Business, News|

Ohio Cannabis Sales Per Week Grew In October

COLUMBUS - The average adult-use marijuana sales per week in Ohio is averaging around $11.2 million so far in October, according to data from the Ohio Division of Cannabis Control through Oct. 19. That’s a slight improvement over average adult-use sales per week of approximately $10.8 million in September. Non-medical marijuana sales began in Ohio

By |2024-10-28T13:30:05-04:00October 28th, 2024|Marijuana Business, News|

Ohio Still Slow To Adapt Cannabis Business Regulations In Its Competition With Michigan

COLUMBUS - They call it the Green Mile on I-75 North, just 11 miles north of the Ohio border in Michigan south of Detroit where several dispensaries compete for out of state cannabis business, including Ohio’s. As Ohio works on its 7th iteration of regulations regarding the legalization of cannabis for recreational purposes, Michigan continues to

By |2024-10-27T18:20:42-04:00October 27th, 2024|Marijuana Business, News|

Ohio Authorities Recall Cannabis Vaping Flower That Poses Poison Risk

COLUMBUS, Ohio - The Ohio Division of Cannabis Control has recalled marijuana it says was sold in packaging that a child could easily access in violation of program rules. Paragon Development Group LLC, which is in Tipp City, near Dayton, packaged flower for vaping in mylar-style bags. This violates federal rules for poison prevention packaging, the Ohio

By |2024-10-25T14:45:58-04:00October 25th, 2024|Marijuana Business, News|

Detroit City Council May Ban Cannabis Ads Near “Sensitive Properties”

DETROIT - Detroit City Council is likely to consider restrictions on marijuana advertisements in the city. Council member Angela Whitfield Calloway is leading the proposed changes to city code that would prohibit marijuana advertisements from being within a 1,000-foot radius of “sensitive property” locations that “may have an impact” on children. The properties include schools, child

By |2024-10-21T19:31:39-04:00October 20th, 2024|Featured, Marijuana Business, News|

Adult-Use Cannabis Sales In Ohio Through Oct. 6 Top $109.5 Million

OLUMBUS, Ohio - Ohio adults aged 21 and older purchased $11.1 million in recreational marijuana product from Oct. 6 through Saturday, pushing sales figures above the $100 million mark. Dispensaries have rung up a total of 1.4 million transactions totaling $109.5 million since the beginning of recreational sales on Aug. 6 through Saturday, according to Ohio

By |2024-10-18T10:33:54-04:00October 18th, 2024|Marijuana Business, News|

September Michigan Cannabis Sales $266.9 Million, Down 10 Percent From August

LANSING - After record-breaking Michigan August cannabis sales, September sales plunged nearly 10 percent, the Cannabis Regulatory Agency announced Monday. By the numbers, September sales were $266.9 million versus $294 million in August, with just 1 percent purchased by medical marijuana patients. The $266.9 million in September sales is a slight dip from the roughly

By |2024-10-15T10:29:07-04:00October 15th, 2024|Featured, Marijuana Business, News|

What Marijuana Products do Buckeye State Customers Prefer?

CLEVELAND – Would you like to know what kind of marijuana products do Buckeye State customers prefer? Well, Bloom Medicinals, a cannabis company that offers both medical and adult-use marijuana, has provided valuable insights into customer preferences across Ohio. Additionally, a smaller local shop, Locals Cannabis in Columbus, has reported trends that align with those

By |2024-10-31T15:32:00-04:00October 11th, 2024|Marijuana Business, News|

Ohio Adult-Use Sales Near $100 Million In First Two Months

MARIETTA, Ohio - According to the most recent figures from the Ohio Division of Cannabis Control, there have been just over $98 million in non-medical marijuana sales since they began in the state on August 6. Erick Rodriguez, vice president of retail for the Cannabist Company, which owns the dispensary in Marietta, said the first two

By |2024-10-09T19:43:26-04:00October 9th, 2024|Marijuana Business, News|

Ohio Cannabis Sales Eclipse $87 Million In Less Than Two Months

COLUMBUS  — Profits from sales of recreational marijuana are in the tens of millions, the Division of Cannabis Control reports. As of September 28, sales of recreational marijuana were reported to have exceeded $87.1 million of the more than $2 billion in total product sales including medical marijuana. More than 10,000 pounds of non-medical plant

By |2024-10-02T16:26:32-04:00October 2nd, 2024|Marijuana Business, News|