FacebookLinkedInRssXYouTube

Marijuana Business

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

Clarification By DEA Expands Definition Of THC In Hemp To Include THCA

WASHINGTON DC - The U.S. Drug Enforcement Administration has clarified the definition of THC in the context of industrial hemp, potentially placing greater restrictions on intoxicating products derived from hemp compounds, according to a letter issued by the agency. The 2018 Farm Bill defined hemp as cannabis with less than 0.3% delta-9 THC. The DEA’s

By |2024-06-03T08:32:38-04:00June 2nd, 2024|Marijuana Business, News|
Read More

DEA’s Proposed Move To Reschedule Cannabis To Schedule III On Federal Register

WASHINGTON DC - The Drug Enforcement Administration’s proposed rule to move cannabis to Schedule III hit the federal register today, starting the 62-day public comment period ending in July. Read the details below. Action Notice of proposed rulemaking. Summary The Department of Justice (“DOJ”) proposes to transfer marijuana from schedule I of the Controlled Substances

By |2024-05-22T08:50:41-04:00May 22nd, 2024|Marijuana Business, News|
Read More

Biden Says DOJ Officially Moving To Reschedule Marijuana To Schedule III

WASHINGTON DC - The U.S. Department of Justice (DOJ) is officially moving to reclassify marijuana as a Schedule III drug, a less dangerous category than Schedule I in which it is now classified, the Biden administration announced yesterday. Biden called the development “monumental” in a video posted to social media. “Far too many lives have been upended

By |2024-05-17T15:34:51-04:00May 17th, 2024|Featured, Marijuana Business, News|
Read More

Michigan’s Cannabis Regulatory Agency Recalls Flavor Galaxy’s Infused Pre-Rolled Joints

LANSING- Michigan’s Cannabis Regulatory Agency is recalling infused pre-rolled joints made by the Hazel Park-based cannabis producer Flavor Galaxy, the agency said Wednesday. The agency is recalling more than 1,000 units of infused pre-rolled joints after it found Flavor Galaxy added cannabis distillate (THC oil) and/or terpenes (aromatic compounds found within cannabis flowers) to the joints after they had

By |2024-05-16T17:52:06-04:00May 16th, 2024|Marijuana Business, News|
Read More

Michigan’s April Cannabis Sales Top $275 Million, Down $10 Million From March

LANSING - The Cannabis Regulatory Agency reported Wednesday that $278,546,443 in marijuana and marijuana products sold legally in April, down about $10 million from the record $288 million sold In March. Medical cannabis sales represent 0.8% of Michigan’s overall marketplace so far in 2024. To put that April decline in perspective, March included five Fridays

By |2024-05-16T08:16:23-04:00May 16th, 2024|Featured, Marijuana Business, News|
Read More

Cannabis Vertical C3 Industries Gets $16M Investment For Grow In Connecticut

ANN ARBOR - C3 Industries, a milti-state cannabis company headquartered in Ann Arbor, has received a $16 million investment in a grow facility in Connecticut. C3 also has operations in Illinois, Michigan, Missouri, Massachusetts and New Jersey. The investment was made by New Lake Capital Partners, the second transacction with C3, having partnered with C3

By |2024-05-12T15:43:30-04:00May 12th, 2024|Marijuana Business, News|
Read More

Poll: Majority Of Americans Have Tried Marijuana And Say It Should Be Legal

WASHINGTON DC - Most adults acknowledge having consumed cannabis and six in ten say that the substance should be legal nationwide, according to survey data provided by YouGov. Fifty-seven percent of respondents said that they had consumed cannabis during their lifetimes. Of those who acknowledged having used marijuana, most described their experiences as “mostly positive.” Separate

By |2024-05-12T10:34:16-04:00May 12th, 2024|Marijuana Business, News|
Read More

June 3 – Buchanan – Michigan Cannabis Golfers Association Scramble

BUCHANAN - The Michigan Cannabis Golfers Association is kicking of the 2024 summer season with a scramble June 3 at Orchard Hills Country Club in Buchanan. Founder Rick Anstiss provides details in this video interview. This year marks the 5th season for the CGA, and Rick already has lined up two other scrambles later in

By |2024-05-09T14:22:12-04:00May 9th, 2024|Featured, Marijuana Business, News|
Read More

Grassy Knoll Partners With Muskegon Event Place To Offer Cannabis-Friendly Camping

MUSKEGON - A cannabis-friendly campsite is coming to Muskegon this summer, just in time for festival season. The Grassy Knoll Recreational Dispensary, located at 2125 Lemuel St, is using the fives acres adjacent to their building to set up a smoker’s oasis in its wooded hilltop. Owners Janet Tombre and Fred Cini expect to make

By |2024-05-08T18:36:47-04:00May 8th, 2024|Marijuana Business, News|
Read More

Ric Flair Drip Launches Cannabis Brand In Michigan In Partnership With Goldkine

DETROIT - Wrestling star Ric Flair’s cannabis brand,Ric Flair Drip, joins forces with Michigan’ cannabis brands, Goldkine, to launch its premium suite of cannabis products across the state. The initial product lineup includes a range of options to cater to diverse preferences, featuring premium flower, and infused pre-rolls, and can be found at all locations of

By |2024-05-08T18:42:41-04:00May 8th, 2024|Marijuana Business, News|
Read More