Marijuana Business

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

HeroProjectUSA Helping Veterans, Providing Free Thanksgiving Turkeys Nov. 19 In Flint

ANN ARBOR - HeroProjectUSA.Org's Veteran Advisor, Anton Harb Jr., along with Connie Maxim-Sparrow from HatchAPlanMI.Com, have cut a deal with the Cannabis Regulatory Agency to do a beta test in 2023 that would give free cannabis to Veterans suffering from PTSD and related injuries. Hero also will work to raise money to pay for attorneys

By |2022-11-14T16:26:15-05:00November 14th, 2022|Marijuana Business, mitechtv, News|

Rehmann CFO Report Confirms Tough Times In The Michigan Cannabis Market

TROY – Rehmann  has published its 2022 Michigan Cannabis CFO Outlook Report that confirms what anyone in the industry already knows - oversupply has all but evaporated profit margins for growers, processors and dispensaries. “The cannabis industry is constantly evolving and facing new challenges, so the need for information will be helpful as the industry

By |2022-11-02T08:26:50-04:00November 2nd, 2022|Marijuana Business, News|

Rehmann 2022 CFO Report Validates Difficult Times In Michigan Cannabis

ANN ARBOR - Rehmann has published its 2022 CFO report that features data about chief challenges the cannabis industry faces in Michigan, including but not limited to financial management, acquisition operations, compliance requirements and federal legislation. In addition, the report boasts industry spotlights highlighting actual businesses facing these issues in real-time and recommended solutions. Rehmann

By |2022-11-01T16:55:43-04:00November 1st, 2022|Marijuana Business, mitechtv, News|

U.S. CBD Company Inks Sponsorship Deal With Professional Baseball League

BOULDER, Colo. - U.S. CBD company Charlotte’s Web Holdings will pay Major League Baseball $30.5 million plus a 10% royalty on sales, and grant the professional sports organization 4% of the company’s shares in a landmark exclusive marketing deal announced this week. Charlotte’s Web-branded products will become the “Official CBD of MLB” under the exclusive

By |2022-10-30T15:11:09-04:00October 30th, 2022|Marijuana Business, News|

Flight From Hemp Continues In U.S., Harvest Expected To Fall By Half

DENVER - The 2022 hemp harvest in the U.S. is expected to shrink by nearly half this year, falling from roughly 36,925 acres in 2021 to about 20,000 acres as all outputs are in decline, according to government figures and projections from Denver-based analyst PanXchange. PanXchange projects the 2022 flower harvest at 6,400-6,800 acres, expects

By |2022-11-01T17:32:28-04:00October 30th, 2022|Marijuana Business, News|

Cannabis And Hallucinogen Use New Normal Among Young Adults

ANN ARBOR - Marijuana and hallucinogen use in the past year reported by young adults 19 to 30 years old increased significantly in 2021 compared to five and 10 years ago, reaching historic highs in this age group since 1988, according to the Monitoring the Future panel study. Study: Monitoring the Future Panel Study and annual

By |2022-10-18T14:01:50-04:00October 18th, 2022|Featured, Marijuana Business, News|

Cannabis Tourism Project, Sparx & Recreation, Launched

ANN ARBOR - Charlie Strackbein, famous for promoting the Monroe Street Fair every April on the University of Michigan Diag, has teamed up with Michigan Marijuana Report and Four20 Post LIVE to create a new program that combines web, social media, newsletters, and a digital magazine all focused on promoting cannabis tourism. He joins the

By |2022-10-14T09:18:26-04:00October 13th, 2022|Marijuana Business, mitechtv, News|

Michigan Cannabis Tourism – Monthly Digital Magazine To Launch

ANN ARBOR - Michigan Marijuana Report and Four20 Post LIVE are partnering with Charlie Strackbein of the Ann Arbor Street Fair to launch a new project focused on providing more cannabis tourism coverage. Sparx and Recreation will feature stories about the companies building cannabis tourism brands. Diverse tourism topics will be mirrored at Michigan Marijuana Report and the Four20 Post

By |2022-10-10T16:04:15-04:00October 10th, 2022|Featured, Marijuana Business, News|

NORML Director Issues Statement Regarding President’s Plan to Pardon Those With Low-Level Marijuana Convictions

WASHINGTON DC - In response to President Biden’s recently announced actions with regard to federal marijuana policy, NORML’s Executive Director Erik Altieri has issued the following statement: “Many of the efforts taken and proposed by the President today are long overdue. For nearly two years, NORML has called upon the Administration to fulfill the President’s campaign promise to provide relief to

By |2022-10-09T14:44:47-04:00October 9th, 2022|Marijuana Business, News|

Biden To Pardon All Federal Offenses Of Simple Marijuana Possession

WASHINGTON DC - President Biden will pardon everyone in the U.S. who has been convicted of simple possession of marijuana under federal law, the White House announced Thursday. “There are thousands of people who have prior federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities as a result.  My action will help

By |2022-10-06T15:44:09-04:00October 6th, 2022|Marijuana Business, News|