FacebookLinkedInRssXYouTube

Marijuana Business

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

Biden Administration Plans To Ease Marijuana Restrictions

WASHINGTON DC - The Biden administration is moving forward with plans to move marijuana off the most severe classification of Schedule I to Schedule III, a source familiar with the decision confirmed to The Hill Tuesday. Rescheduling marijuana is distinct from descheduling it entirely, which some advocacy groups and lawmakers have called for, as it

By |2024-05-01T09:45:15-04:00April 30th, 2024|Featured, Marijuana Business, News, Politics/Government|
Read More

Cannabis Regulatory Agency Names Director For New State-Run Marijuana Testing Lab

LANSING - The Michigan Cannabis Regulatory Agency will open a new testing lab by January next year as a means to keep the state’s booming marijuana industry in check and, hopefully, push standards into a new era of safety. The state agency announced Friday that Claire Patterson, its longtime scientific manager, will serve as director of the new lab. Patterson, who

By |2024-04-28T18:42:35-04:00April 28th, 2024|Featured, Marijuana Business, News|
Read More

Polls: Most Americans Endorse Legalization, Say Cannabis Is Safer Than Either Alcohol Or Tobacco

WASHINGTON DC - The overwhelming majority of US adults favor legalizing marijuana federally and most perceive it to be safer to consume than either tobacco or alcohol, according to nationwide polling data released today. Survey data compiled by Data For Progress finds that two-thirds of likely voters support legalizing cannabis federally “for all adults over the age

By |2024-04-26T19:18:17-04:00April 24th, 2024|Featured, Marijuana Business, News|
Read More

Report: Cannabis Industry Employs More Than 440,000 Full-time Workers

DENVER -The state-licensed cannabis industry added over 23,000 new jobs in 2023 and now employs over 440,000 full-time workers, according to data compiled by Vangst and Whitney Economics. Michigan, ranked second in job growth, had 46,746 cannabis jobs iin 2023. Job growth increased more than five percent between 2022 and 2023, while retail cannabis sales grew over ten percent to $28.8 billion,

By |2024-04-21T16:13:57-04:00April 21st, 2024|Featured, Marijuana Business, News|
Read More

March Michigan Cannabis Sales Record $289 Million, 16 Percent Higher Than 2023

LANSING - Michigan’s cannabis sales in March soared to a monthly record $289 million, a 15.7 percent increase compared to March 2023’s total sales of $250 million. According to Michigan's Cannabis Regulatory Agency statistical report, the dynamics of adult and medical cannabis sales between March 2023 and 2024 underwent notable shifts. Adult-use cannabis sales leaped from approximately $239.9

By |2024-04-16T18:17:15-04:00April 16th, 2024|Featured, Marijuana Business, News|
Read More

Hemp Composite Featured In New Electric Bike From Harley-Davidson-Owned Manufacturer

MILWAUKEE - A Harley-Davidson-owned electric motorcycle producer is using hemp-based composite in the fenders of a newly introduced model. Milwaukee, Wisconsin-based LiveWire Group, Inc. said it introduced hemp and other sustainable materials in key components for the first time in developing the new electric cruiser, named S2 Mulholland. The fenders were supplied by C2 Renew,

By |2024-04-15T13:25:39-04:00April 12th, 2024|Featured, Marijuana Business, News|
Read More

Down On The Farm Offers Food Certifications For Hemp, Cannabis, Fruits And Vegetables

MUSKEGON - If you want to get your products whether edibles or smokables as certificated safe to consume, you need to get as General Manufactured Products or Good Agricultural Collection Practice, you need to work with Blain Becktold, who worked for the US Department of Agriculture for nearly three decades. Bechtold now owns Down on

By |2024-04-03T16:06:54-04:00April 2nd, 2024|Marijuana Business, mitechtv, News|
Read More

Michigan February Cannabis Sales $261.1 Million, Up 10 Percent From January

LANSING - Michigan cannabis sales in February totaled $261.1 million, up nearly 10 percent from the $242.8 recorded in January. Total includes both adult-use and medical sales. Adult-use sales were $257.9 million, and medical only $2.2 million. For medical cannabis the average ounce sales price was $102.16 and for adult-use $91.94, the Cannabis Regulatory Agency reported.

By |2024-03-14T16:53:16-04:00March 14th, 2024|Featured, Marijuana Business, News|
Read More

DEA Officials At Odds With Biden Admin Over Marijuana Rescheduling Push

WASHINGTON DC - Officials with the Drug Enforcement Administration are reportedly resisting calls to reschedule marijuana, creating tension with the White House as President Joe Biden continues to tout his role in directing the cannabis review. That’s according to an article published by The Wall Street Journal on Saturday, with the report citing “people familiar

By |2024-03-13T11:28:58-04:00March 13th, 2024|Marijuana Business, News|
Read More

Pew: Nearly 80 Percent Of Americans Have A Cannabis Dispensary In Their County

WASHINGTON DC - Seventy-nine percent of Americans reside in a county that has at least one licensed marijuana retailer, according to data published today by the Pew Research Center.The Pew analysis estimates that nearly 15,000 dispensaries are currently operating in the United States. While cannabis retailers are relatively common on the west coast, in the northeast,

By |2024-03-04T16:50:56-05:00March 3rd, 2024|Marijuana Business, News|
Read More