Marijuana Business

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

Whitmer Proposes 32 Percent Wholesale Tax On Michigan Adult-Use Cannabis Products

LANSING - Governor Gretchen Whitmer is proposing levying a 32 percent wholesale tax on the sale of adult-use marijuana products to fix Michigan’s roads by adding about $3 billion in additional infrastructure funding each year without commuters paying more. Implementing a new marijuana wholesale tax, similar to cigarette taxes, would generate about $470 million. The industry

By |2025-02-11T11:50:58-05:00February 11th, 2025|Featured, Marijuana Business, News|

Ohio Recreational Cannabis Sales At 6 Month Mark: 123 Dispensaries Sell $255 Million

COLUMBUS, Ohio - Six months into legal recreational sales in Ohio continue to rise steadily, said Jana Hrdinova, the administrative director at Ohio State University’s Drug Enforcement and Policy Center. The 123 dispensaries across the state have sold more than $255 million of adult-use cannabis. That’s especially impressive, given not all dispensaries are up and

By |2025-02-08T16:56:11-05:00February 7th, 2025|Marijuana Business, News|

CRA Building Cannabis Testing Lab It Lacks Power To Fully Operate

LANSING - Construction began Monday on a multi-million-dollar state-run marijuana testing lab even though the Cannabis Regulatory Agency lacks the authority under state law to collect and test more than 2.5 ounces of marijuana. Two years ago, the Democratic-led Legislature allocated about $4.4 million for the construction of the facility. But lawmakers were unable to

By |2025-02-06T16:26:07-05:00February 5th, 2025|Marijuana Business, News|

Oho Senate Bill Attempts To Defy Voters And Guts Cannabis Legalization

COLUMBUS, Ohio — Ohio is once again at the center of a high-stakes fight over marijuana legalization. Just over a year after voters approved adult-use cannabis, Senate Bill 56, introduced by Sen. Steve Huffman, R-Tipp City, is poised to radically reshape the state’s marijuana laws. Supporters say the bill is about efficiency and safety, but cannabis advocates argue

By |2025-02-04T16:00:08-05:00February 4th, 2025|Marijuana Business, News|

Industrial Hemp Association Of Michigan Holds Elections Feb. 19

ANN ARBOR - The Industrial Hemp Association of Michigan - iHemp Michigan - is hosting its board elections virtually on Feb. 19 via zoom. Current President Blain Becktold said in this video interview that the board will remain the same, but some new members may be added. Also in this interview, Becktold talked about how

By |2025-02-11T13:38:19-05:00February 4th, 2025|Marijuana Business, mitechtv, News|

Ohio: GOP Lawmakers Move To Roll Back State’s Voter-Approved Marijuana Legalization Law

WASHINGTON DC - A Republican lawmaker, Senator Stephen Huffman, has introduced legislation to significantly amend the state’s voter-approved adult-use marijuana legalization law. Lawmakers are reportedly fast-tracking Senate Bill 56, which seeks to make dozens of changes to Ohio’s law. Fifty-seven percent of Ohioans voted for the law in 2023. Changes proposed by SB 56 include raising taxes on the retail sale of

By |2025-02-03T10:24:15-05:00February 3rd, 2025|Marijuana Business, News|

Ohio Senate Republicans Target Big Changes To Voter-Approved Cannabis Rules

COLUMBUS, Ohio - Senate Republicans want to scale back Ohio’s voter-backed recreational marijuana program--cutting home grow limits, raising taxes, lowering potency and shifting revenue away from social equity programs. “It’s not to do away with the ballot initiative,” said state Sen. Steve Huffman, a Tipp City Republican. “It’s to work around the edges to make

By |2025-02-01T13:11:30-05:00January 30th, 2025|Gadgets, Marijuana Business, News|

Pre-Rolls Will Be Available At Ohio Dispensaries This Year

CLEVELAND - Ohio dispensaries may soon be selling pre-rolled joints, per protocols released by the Ohio Division of Cannabis Control late last year. This evolution of the state’s recreational program would provide new and veteran consumers alike access to a highly sought-after product. “We have been constantly asked about pre-rolls, especially when we first launched

By |2025-01-28T11:13:26-05:00January 28th, 2025|Marijuana Business, News|

Ohio House Speaker Huffman Has Change Of Heart On Changing Pot Laws

COLUMBUS, Ohio — Ohio House Speaker Matt Huffman, who just a month ago said he wanted to drastically change the state's marijuana law, appears to have had a change of heard, He has backtracked on at least some of his proposed restrictions after having meetings with the Statehouse's resident marijuana enthusiast. In Nov. of 2023,

By |2025-01-18T15:04:52-05:00January 18th, 2025|Marijuana Business, News|

Michigan Eclipses $10 Billion In Adult-Use Cannabis Sales Since Went Legal In 2019

LANSING - Michigan licensed retailers sold $264.7 million in adult-legal cannabis in December pushing Michigan past the $3 billion annual sales mark for 2024, to $3.27 billion, the Cannabis Regulatory Agency reported. That represents a 9.9% increase from the $2.98 billion in adult-use sales reported in 2023. In addition, the $264.7 million in adult-use sales

By |2025-01-15T15:15:23-05:00January 15th, 2025|Featured, Marijuana Business, Microsoft, News, Reviews|