Marijuana business news and information resource for the medical marijuana and retail cannabis industry.
LANSING - Michigan cannabis sales in September came in at $274.7 million, a half percent decline from peak sales of $276.7 million in July. But the good news is September cannabis sales were up nearly 30 percent from the same month a year ago. Looking more closely at the numbers, adult-use sales expanded to $269.8
WASHINGTON DC - A bipartisan coalition of 22 state attorneys general, including Michigan AG Dana Nessel, has called on Congress to pass a marijuana banking bill that cleared a key Senate committee on Wednesday. In a letter sent to congressional leaders on Tuesday, the top law enforcement officials of nearly half the states in the U.S. said
FLINT - Rick Thompson, one of the founding lights in cannabis legalization in Michigan, was extinguished on Monday Sept. 18 from colon cancer. His long-time friend and podcast partner, Jamie Lowell, reflects on the contributions Dale Richard Thompson made as not only the Executive Director of Michigan NORML, but also as a pioneer in the
NEW YORK - Those who engage in regular exercise frequently report consuming cannabis products to assist in recovering from physical activity, according to data published in the Journal of Cannabis Research. Researchers affiliated with Kent State University in Ohio surveyed over 100 subjects who reported using cannabis and regularly engaging in aerobic and/or resistance exercise. Investigators summarized their
LANSING - Skymint’s primary lender, Tropics, LP, submitted the winning bid to purchase Skymint at the Aug. 8 auction held by the Receiver Gene Kohut, according to Kohut in an interview with Four20Post.Com. A hearing before Ingram County Circuit Court Judge Joyce Draganchuk scheduled for Aug. 23 to approve the purchase by Tropics was rescheduled
DETROIT - Michigan is now the top marijuana market in the country — based on per capita spending. Through the first seven months of the year, Michigan's marijuana industry sold $1.7 billion worth of product ($58.8 million in medical marijuana and $1.644 billion in recreational), according to data from the Michigan Cannabis Regulatory Agency. Michigan weed
ANN ARBOR - Binge drinking and the use of marijuana and hallucinogens among adults ages 35 to 50 reached an all-time highs in 2022 Marijuana use and vaping reached record highs among adults ages 19 to 30. The 2022 findings are part of the most recent installment of the Monitoring the Future study. Funded by the National
LANSING - Cannabis legal sales in Michigan in July leaped 6.1 percent from June to a record $275.7 million, putting cannabis sales in 2023 on a $3 billion run rate. Another impressive stat released Friday by the Cannabis Regulatory Agency is on a day-by-day basis, sales increased by 2.7 percent. Taking a closer look at
DETROIT - We are blessed to have the Great Lakes, Detroit River, and the forests of the Upper Peninsula in our own backyards. Of course, you can appreciate these waterfalls, lakes, and dunes when you’re not high, but smoking a fatty from a hammock surrounded by trees and lakes makes us feel more grounded. So
WASHINGTON DC - Further consolidation of the cannabis industry and more cross-border transactions and listings on the Toronto Stock Exchange are likely over the next 18 months, but full U.S. legalization is not, cannabis analyst Pablo Zuanic said Monday. “We do not expect major breakthroughs at the federal level in the U.S. before the third
