FacebookLinkedInRssXYouTube

Marijuana Business

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

$87 Million In Michigan Cannabis Tax Collections For 2023 To Be Shared With Municipalities And Counties, 46 Percent Increase From 2022

LANSING - The Michigan Treasury Department reported Thursday that 198 municipalities will receive $43.5 million from marijuana taxes collected from 737 cannabis dispensary licenses, while 71 of the state’s 83 counties will reap the same $43.5 million in cannabis taxes. The remaining 12 have opted out of allowing cannabis dispensaries. Each eligible municipality and country

By |2024-03-01T13:57:17-05:00March 1st, 2024|Featured, Marijuana Business, News|
Read More

Biden Missing Opportunity To Sway Young Voters On Legalizing Cannabis

WASHINGTON DC - Cannabis advocates say President Biden is missing an opportunity to sway young voters with his reluctance to take bigger steps to legalize marijuana at the federal level. The Biden administration has opened several avenues for marijuana reform including issuing federal pardons for simple possession and starting the process of potentially rescheduling marijuana’s status under

By |2024-02-24T12:35:52-05:00February 24th, 2024|Marijuana Business, News, Politics, Politics/Government|
Read More

$6.3 Million Illegal Cannabis Grow In Highland Park Busted By State Police

HIGHLAND PARK  - Michigan State Police uncovered a large-scale marijuana grow operation in Highland Park Feb 21, seizing an estimated millions of dollars in illicit pot during the investigation. More than 4,000 marijuana plants were discovered inside a structure on Feb. 21 when state police's marijuana & tobacco investigation team executed a search warrant. According to a post from police

By |2024-02-24T12:35:53-05:00February 24th, 2024|Featured, Marijuana Business, News|
Read More

An Ancient Tomb Revealed A Potent Surprise: 17th Century Bones Contained THC

NEW YORK - Marijuana was popular enough centuries ago that it became part of peoples’ bones. And now there’s scientific research to prove it. Researchers in Italy recently detected traces of Delta-9 THC and CBD—both from the cannabis plant—in bone samples dating back to the 1600s. “This study reports the first physical evidence of cannabis use

By |2024-02-15T10:46:33-05:00February 15th, 2024|Featured, Marijuana Business, News|
Read More

January Michigan Cannabis Sales Top $242 Million, Big Drop From Record-Breaking December

LANSING - Michigan January cannabis sales totaled $242,812,694, according to the Cannabis Regulatory Agency, with $240,289,360 for adult-use sales, and just $2,523,333 sold to medical marijuana patients. The January total represented a big drop from the record-breaking $280 million sold in December, but still higher than the $207 million sold in January 2023. Michigan collected

By |2024-02-14T16:41:26-05:00February 14th, 2024|Featured, Marijuana Business, News|
Read More

C3 Industries Opens Its First Cannabis Dispensary In New Jersey

ANN ARBOR - Ann Arbor-based C3 Industries announced it is expanding its operational footprint with the opening of its first cannabis retail location in New Jersey, High Profile Lakehurst, and its 24th dispensary nationwide. The new dispensary location began serving cannabis consumers 21 years and older daily in-store and through its convenient online ordering, drive-thru

By |2024-02-14T16:06:59-05:00February 14th, 2024|Marijuana Business, News|
Read More

Scientists Develop New Method To Test For Recent Marijuana Use With 96 Percent Accuracy

WASHINGTON DC - Scientists say they’ve identified an alternative way to test for recent marijuana use that’s significantly more accurate than standard THC blood tests that sometimes misrepresent a person’s potential impairment depending on frequently they use cannabis. And they’re actively working to build on that research with an expanded study. The initial study, which

By |2024-02-04T11:06:36-05:00February 4th, 2024|Marijuana Business, News|
Read More

11 Cloud Cannabis Dispensaries Acquired By Stash Ventures

MOUNT PLEASANT - Stash Ventures has acquired the dispensaries of Troy-based Cloud Cannabis Co. in what is the first notable acquisition in the sector of 2024. Financial terms of the deal, which closed late last month, were not disclosed. Stash Ventures takes control of Cloud’s 11 dispensaries in Michigan — Ann Arbor, Detroit, Muskegon, Traverse

By |2024-02-02T14:44:56-05:00February 2nd, 2024|Marijuana Business, News|
Read More

Michigan Cannabis Dispensary Gets $212,000 Fine After CRA Inspectors Find Pot In The Attic

VASSAR, MI - Inspectors found a black garbage bag containing nearly 20 pounds of untagged, untracked marijuana in the attic of a marijuana shop in Tuscola County’s Vassar. That’s one of the seven violations Michigan marijuana regulators cited in a Jan. 25 statement announcing Premier Provisioning, operated by 664 Vassar LLC, must pay a $212,000

By |2024-02-01T05:57:17-05:00January 28th, 2024|Marijuana Business, News|
Read More

Product Review: Ray’s Infused Lemonade

LANSING - Infused beverages are big in many states where adult-use cannabis is legal. Now one of those beverages is coming to Michigan in mid February. Ray's Infused Lemonade, in five flavors, will be on select dispensary shelves around Feb. 15, so says Anthony Freed, owner of Farm Assist LLC. Anthony works to cross sell

By |2024-01-24T11:08:31-05:00January 24th, 2024|Marijuana Business, mitechtv, News|
Read More