Marijuana Business

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

DEA Accused Of One-Sided Marijuana Rescheduling Hearing

NORML says agency misapplied federal law by excluding all supporters of cannabis reform from June 29 proceedings WASHINGTON, DC - The National Organization for the Reform of Marijuana Laws (NORML) is accusing the Drug Enforcement Administration of creating a one-sided hearing process that could influence the future of federal marijuana policy and the financial outlook

Cannabis Financing Available At Genus Credit Services

PICKNEY - Profitable cannabis companies in Michigan and Ohio that need financing to pay for expansion, acquisition, equipment, real estate and even cash flow have a source in Genus Credit Services. Managing Partner Bill Shaw, in this video interview, explains that he works with private investors who are looking to lend profitable cannabis companies from

By |2026-06-23T08:52:17-04:00June 22nd, 2026|Marijuana Business, mitechtv, News|

DEA Invites Only Marijuana Opponents To June 29 Rescheduling Hearing

WASHINGTON DC - The Drug Enforcement Administration has invited only opponents of marijuana reform to participate in a June 29 hearing that could influence the future of federal cannabis policy, a decision that is drawing criticism from legalization advocates, consumer groups and state-licensed marijuana businesses that were excluded from the proceedings. The hearing, scheduled to

By |2026-06-21T09:08:49-04:00June 21st, 2026|Marijuana Business, News|

Michigan Sold $258 Million In Marijuana In May. Now Lawmakers Want To Limit New Cannabis Licenses

As lawmakers consider limits on new cannabis licenses, state data suggests oversupply—not weak demand—is driving Michigan's marijuana market turmoil. LANSING — Michigan consumers purchased nearly $258 million worth of recreational marijuana in May, putting the state's cannabis industry on pace for another year of more than $3 billion in sales. Yet despite record-level consumer demand,

By |2026-06-19T12:02:34-04:00June 19th, 2026|Featured, Marijuana Business, News|

Michigan Restaurants Join Fight To Save THC Drinks From November Ban

LANSING — Opposition to a federal ban on hemp-derived THC products scheduled to take effect in November is expanding beyond hemp growers and CBD manufacturers as restaurant operators, beverage companies and retailers push back against restrictions that could disrupt one of the fastest-growing segments of the alternative beverage market. At issue are hemp-derived THC beverages

By |2026-06-18T17:22:51-04:00June 18th, 2026|Marijuana Business, News|

Michigan Cannabis Consumers Win Major Supreme Court Gun Rights Victory

WASHINGTON DC - Millions of Americans who legally use marijuana may have gained significant Second Amendment protections Thursday after the U.S. Supreme Court unanimously ruled that the federal government cannot automatically prosecute a cannabis consumer simply for possessing a firearm. In a 9-0 decision, the court sided with Texas resident Ali Hemani, a regular marijuana

Cannabis Companies Need Capital. Private Lenders Are Stepping In Where Banks Won’t

Sponsored Content By Genus Credit Services PINCKNEY - Michigan's cannabis industry generated more than $3 billion in sales in 2025 and supports hundreds of dispensaries, cultivators and processors across the state. Ohio's adult-use cannabis market has quickly surpassed $1 billion in sales since recreational marijuana was legalized. Yet despite the size of these markets, many

New Court Challenge Seeks To Halt Federal Marijuana Rescheduling — But Michigan Businesses May Face Delays Either Way

DETROIT – A new legal challenge seeking to halt federal marijuana rescheduling is creating uncertainty for cannabis businesses nationwide, including in Michigan, where operators have been hoping federal reform would ease tax burdens and improve profitability. A coalition led by the National Drug and Alcohol Screening Association and a cannabis-focused pharmaceutical company has asked a

By |2026-06-16T11:06:30-04:00June 16th, 2026|Marijuana Business, News|

Michigan’s Top Cannabis Regulator Elected To Lead National Marijuana Oversight Group

LANSING – The regulator overseeing Michigan's $3.17 billion cannabis industry has been elected president of the nation's leading organization for marijuana and hemp regulators at a time when federal marijuana rescheduling and hemp regulation are reshaping the industry. Michigan Cannabis Regulatory Agency Executive Director Brian Hanna was elected president of the Cannabis Regulators Association (CANNRA)

By |2026-06-16T08:05:39-04:00June 16th, 2026|Marijuana Business, News|

Michigan Smokers Bought 56 Million Pre-Rolls This Year — Even As Cannabis Sales Declined

DETROIT – Michigan cannabis consumers purchased an astonishing 56 million pre-rolls during the first five months of 2026, even as the state's overall cannabis market continued to shrink. New data from Headset.io, a cannabis market intelligence and analytics firm, shows Michigan pre-roll sales reached $250.6 million from January through May, up 3.1 percent from the

By |2026-06-12T15:38:12-04:00June 12th, 2026|Marijuana Business, News|