Marijuana Business

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

Michigan December Cannabis Sales Nearly Top $280 Million, $3.08 Billion For 2023

LANSING - Michigan December cannabis sales totaled $279.9 million, up 7.5 percent from November and 26.2 percent from December 2022, the Cannabis Regulatory Agency reported. For calendar year 2023, cannabis sales generated $3.08 billion. Considering the average cost of an ounce of marijuana plummeted to $80.16 in January 2023, a steep decline from over $500

By |2024-01-18T10:01:14-05:00January 18th, 2024|Featured, Marijuana Business, News|

HIBnb Seeks To Work With Cannabis-Friendly Lodging In Michigan

ANN ARBOR - If you're looking for cannabis-friendly lodging allows you to smoke cannabis without getting hassled check out HiBnb.us. The company lists homes, cabins, rooms, and much more throughout Michigan where you can rent a place and even get your pre-ordered cannabis delivered courtesy of some Michigan-based brands. In this interview, HiBnb CEO Elizabeth

By |2024-01-11T13:26:12-05:00January 11th, 2024|Marijuana Business, News|

Sparx & Recreation Now Features Infused Cannabis Cooking

DETROIT - Chef Marjorie Harvey, who has been working since 2010 as a Detroit-based caterer, explains in this video interview she now spends most of her time cooking infused cannabis meals for her clients. Chef Marjorie also kicks off our new coverage at Sparx & Recreation of cannabis chefs not only in Michigan, but also

By |2024-01-11T12:06:25-05:00January 11th, 2024|Marijuana Business, News|

Where Marijuana Is Adult-Legal In United States In 2024

WASHINGTON DC - 2023 was a relatively quiet year for marijuana legalization. It was only Ohio that successfully legalized the recreational use of marijuana this year.  Ohio, already one of the more than a dozen states to have legalized medical cannabis, became the 24th state to legalize recreational marijuana. The Kentucky General Assembly also legalized medical marijuana

By |2024-01-07T14:09:56-05:00January 7th, 2024|Featured, Marijuana Business, News|

State Cannabis Regulators Still One Step Behind Questionable THC Lab Data

WASHINGTON DC - Despite widespread acknowledgement from cannabis industry observers that commercial testing laboratories across the country routinely inflate THC potency results, consequences are rare, according to a review of recent state regulatory actions. Critics say this demonstrates that state regulators have been too slow to wrestle with dubious THC-potency results and other questionable data

By |2023-12-31T12:20:41-05:00December 31st, 2023|Marijuana Business, News|

Michigan Cannabis Sales Decline Slightly In November For Fourth Month In A Row

LANSING - Michigan cannabis sales in November totaled $260.5 million, down less than 1 percent from October, but representing the fourth consecutive month sales have declined. The good news is sales rose 28 percent from November 2022. Adult-use sales were up 35.2 percent from a year go November coming in at $256.7 million, down 0.7

By |2023-12-14T08:38:12-05:00December 14th, 2023|Featured, Marijuana Business, News|

US Senator Says Cannabis Legalization Is Inevitable Despite Some Republican Opposition

WASHINGTON DC - Sen. John Fetterman (D-PA), one of the most vociferous cannabis supporters among U.S. senators, recently said he was honored to vote for the SAFER Banking Act. Commenting on recent Ohio’s cannabis legalization, Fetterman told City & State in an exclusive interview that “it’s absolutely absurd – how many states around Pennsylvania are we failing behind?” “It just makes

By |2023-11-29T10:18:52-05:00November 29th, 2023|Featured, Marijuana Business, News|

Latrisha Matson Joins Sparx & Recreation Team

LAS VEGAS - Latrisha Matson, founder of Michigan Weedsters, has joined the Sparx & Recreation team. She is interviewed on her first reporting assignment, MjBizCon in Las Vegas, where she interviewed newsmakers, exhibitors and even cannabis chefs. Trish is well-known in the Michigan cannabis community where she created Michigan Weedsters, an advocasy group that supports

By |2023-12-05T10:58:58-05:00November 28th, 2023|Marijuana Business, mitechtv, News|

Michigan Cannabis Sales Decline Slightly In October For Third Straight Month

LANSING - Michigan cannabis sales fell 4.3 percent in October to $262.9 million from $274.7 million in September. Sales peaked at $276.7 million in July. The good news is October sales were up 25.5 percent from October 2022. Looking at the statistical report, medical sales fell 70.7 percent from a year ago to $4.9 million,

By |2023-11-15T18:48:09-05:00November 15th, 2023|Featured, Marijuana Business, News|

DEA Marijuana Rescheduling Likely By Next Year

WASHINGTON DC - A former Food and Drug Administration official says he’d be "shocked" if the DEA does not reschedule cannabis by next year's presidential election, and that he expects the DEA will ultimately accept the recent Health and Human Services’ recommendation to ease restrictions on cannabis by reclassifying it as a Schedule III drug under the Controlled Substances

By |2023-11-12T11:40:55-05:00November 12th, 2023|Featured, Marijuana Business, News|