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Marijuana Business

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

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|
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Kamala Harris’ Evolving Stance on Marijuana Legalization 2024

WASHINGTON DC – What is the Kamala Harris Cannabis Legalization Policy 2024? On Monday, Vice President Kamala Harris announced her support for legalizing recreational marijuana use on a federal level. Subsequently, the Democratic nominee for president announced her views on the subject during a guest appearance on the sports podcast “All the Smoke.” 1. Kamala

By |2024-10-31T06:37:38-04:00October 1st, 2024|Marijuana Business, News, Politics, Politics/Government|
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New Bill Would Be Major Blow To Delta-8, CBD And CBG

WASHINGTON DC - A new bill in the U.S. Congress would give the U.S. Food and Drug Administration (FDA) regulatory authority over hemp-derived cannabinoids while allowing states leeway to set additional rules. The Cannabinoid Safety and Regulation Act (CSRA), introduced by Sen. Ron Wyden, an Oregon Democrat, would set a comprehensive federal framework for both

By |2024-09-28T08:08:14-04:00September 28th, 2024|Marijuana Business, News|
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Recreational Cannabis Sales Getting Higher In Michigan And Ohio

TOLEDO - Recreational marijuana sales began in Ohio almost two months ago; now, 13 Action News is getting a better idea of how the industry is shaping up locally and how sales here are impacting Michigan’s marijuana market. “We’re five-to-10 times busier here depending on the day,” Zach Gergich, a dispensary representative at Nectar, told

By |2024-09-26T09:36:54-04:00September 26th, 2024|Marijuana Business, News|
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Michigan Pot Sales Grow As Ohio Leaps Into Legal Recreational Cannabis

DETROIT - As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border? It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border

By |2024-09-22T13:17:20-04:00September 22nd, 2024|Marijuana Business, News|
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27% Of Older Michigan Adults Used Pot In Past Year, U-M Poll Contends

ANN ARBOR - More than a quarter of Michigan residents age 50 or older have used cannabis products containing the psychoactive component THC at least once in the past year, according to a new University of Michigan poll released Thursday. That's a higher percentage (27%) compared with the 21% of people in this age group

By |2024-09-19T13:55:10-04:00September 18th, 2024|Marijuana Business, News|
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Michigan Cannabis Sales Increase In August Even With Ohio Marijuana Now Legal

DETROIT - As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border? It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border

By |2024-09-17T16:08:01-04:00September 17th, 2024|Marijuana Business, News|
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With Ohio Legal Cannabis Sales Firing Up, Has Michigan Sales Plateaued?

LANSING — Has Michigan hit its weed ceiling? Michigan recently hit a high water mark: More marijuana sold than California, according to MJBizDaily, a cannabis business news outlet. California has long been the legal weed king and has nearly four times Michigan's population. Yet Michigan has three times more sales per person than California, the runner-up,

By |2024-09-16T08:53:26-04:00September 15th, 2024|Marijuana Business, News|
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Michigan August Cannabis Sales Record $295.5 Million

LANSING - In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Recreational Sales Chart Below: Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down 6.9 percent from July,

By |2024-09-11T18:54:54-04:00September 11th, 2024|Featured, Marijuana Business, News|
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Ohio Recreational Marijuana Sales Top $54 Million In First Month

COLUMBUS - More than $50 million worth of recreational marijuana product has been sold in Ohio in the first month of legal rollout, according to the Ohio Division of Cannabis Control. In the latest report, the division states recreational sales from Aug. 6 to Sept. 7 total $54,649,749. The division reports 840,141 units of manufactured product

By |2024-09-10T13:39:43-04:00September 10th, 2024|Marijuana Business, News|
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