Marijuana Business Archives

Michigan Sold $258 Million In Marijuana In May. Now Lawmakers Want To Limit New Cannabis Licenses

Michigan Sold $258 Million In Marijuana In May. Now Lawmakers Want To Limit New Cannabis Licenses

As lawmakers consider limits on new cannabis licenses, state data suggests oversupply—not weak demand—is driving Michigan's marijuana market turmoil. LANSING — Michigan consumers purchased nearly $258 million worth of recreational marijuana in May, putting the state's cannabis industry on pace for another year of more than $3 billion in sales. Yet despite record-level consumer demand,

By Mike Brennan|2026-06-19T12:02:34-04:00June 19th, 2026|Featured, Marijuana Business, News|

Michigan Restaurants Join Fight To Save THC Drinks From November Ban

Michigan Restaurants Join Fight To Save THC Drinks From November Ban

LANSING — Opposition to a federal ban on hemp-derived THC products scheduled to take effect in November is expanding beyond hemp growers and CBD manufacturers as restaurant operators, beverage companies and retailers push back against restrictions that could disrupt one of the fastest-growing segments of the alternative beverage market. At issue are hemp-derived THC beverages

By Mike Brennan|2026-06-18T17:22:51-04:00June 18th, 2026|Marijuana Business, News|

Michigan Cannabis Consumers Win Major Supreme Court Gun Rights Victory

Michigan Cannabis Consumers Win Major Supreme Court Gun Rights Victory

WASHINGTON DC - Millions of Americans who legally use marijuana may have gained significant Second Amendment protections Thursday after the U.S. Supreme Court unanimously ruled that the federal government cannot automatically prosecute a cannabis consumer simply for possessing a firearm. In a 9-0 decision, the court sided with Texas resident Ali Hemani, a regular marijuana

By Mike Brennan|2026-06-18T15:33:56-04:00June 18th, 2026|Government/Politics, Marijuana Business, News, Politics, Politics/Government|

Cannabis Companies Need Capital. Private Lenders Are Stepping In Where Banks Won’t

Cannabis Companies Need Capital. Private Lenders Are Stepping In Where Banks Won’t

Sponsored Content By Genus Credit Services PINCKNEY - Michigan's cannabis industry generated more than $3 billion in sales in 2025 and supports hundreds of dispensaries, cultivators and processors across the state. Ohio's adult-use cannabis market has quickly surpassed $1 billion in sales since recreational marijuana was legalized. Yet despite the size of these markets, many

By Mike Brennan|2026-06-17T18:51:59-04:00June 17th, 2026|Featured, Marijuana Business, New Products, New Products / Contracts, News|

New Court Challenge Seeks To Halt Federal Marijuana Rescheduling — But Michigan Businesses May Face Delays Either Way

New Court Challenge Seeks To Halt Federal Marijuana Rescheduling — But Michigan Businesses May Face Delays Either Way

DETROIT – A new legal challenge seeking to halt federal marijuana rescheduling is creating uncertainty for cannabis businesses nationwide, including in Michigan, where operators have been hoping federal reform would ease tax burdens and improve profitability. A coalition led by the National Drug and Alcohol Screening Association and a cannabis-focused pharmaceutical company has asked a

By Mike Brennan|2026-06-16T11:06:30-04:00June 16th, 2026|Marijuana Business, News|

Michigan’s Top Cannabis Regulator Elected To Lead National Marijuana Oversight Group

Michigan’s Top Cannabis Regulator Elected To Lead National Marijuana Oversight Group

LANSING – The regulator overseeing Michigan's $3.17 billion cannabis industry has been elected president of the nation's leading organization for marijuana and hemp regulators at a time when federal marijuana rescheduling and hemp regulation are reshaping the industry. Michigan Cannabis Regulatory Agency Executive Director Brian Hanna was elected president of the Cannabis Regulators Association (CANNRA)

By Mike Brennan|2026-06-16T08:05:39-04:00June 16th, 2026|Marijuana Business, News|

Michigan Smokers Bought 56 Million Pre-Rolls This Year — Even As Cannabis Sales Declined

Michigan Smokers Bought 56 Million Pre-Rolls This Year — Even As Cannabis Sales Declined

DETROIT – Michigan cannabis consumers purchased an astonishing 56 million pre-rolls during the first five months of 2026, even as the state's overall cannabis market continued to shrink. New data from Headset.io, a cannabis market intelligence and analytics firm, shows Michigan pre-roll sales reached $250.6 million from January through May, up 3.1 percent from the

By Mike Brennan|2026-06-12T15:38:12-04:00June 12th, 2026|Marijuana Business, News|

Ohio Hemp Lawsuits Could Signal What’s Next For Michigan CBD Products, THC Drinks

Ohio Hemp Lawsuits Could Signal What’s Next For Michigan CBD Products, THC Drinks

COLUMBUS - The fight over hemp-derived THC products is moving from statehouses to courtrooms, and Michigan businesses are watching closely. Several hemp companies have filed lawsuits challenging Ohio Senate Bill 56, a law that restricts or bans many hemp-derived THC products, including popular THC-infused beverages sold in grocery stores, breweries and convenience stores. Industry groups

By Mike Brennan|2026-06-12T11:08:32-04:00June 12th, 2026|Hemp, Marijuana Business, News|

Can You Fly With Medical Marijuana? TSA, Delta Disagree

Can You Fly With Medical Marijuana? TSA, Delta Disagree

DETROIT — Michigan cannabis consumers planning summer vacations are receiving conflicting signals about whether they can legally fly with medical marijuana. The Transportation Security Administration recently updated its guidance to indicate that medical marijuana may be permitted in carry-on and checked baggage under certain circumstances following the federal government's move to reclassify state-authorized medical cannabis.

By Mike Brennan|2026-07-06T23:00:12-04:00June 11th, 2026|Marijuana Business, News|

Cannabis Counsel Breaks Down Medical Marijuana Rescheduling

Cannabis Counsel Breaks Down Medical Marijuana Rescheduling

DETROIT - For years, state-legal cannabis companies operated under a unique federal tax penalty that prevented them from deducting ordinary business expenses such as payroll, rent, marketing and utilities. That changed in April when the U.S. Department of Justice moved federally recognized medical cannabis from Schedule I to Schedule III, potentially saving cannabis businesses billions

By Mike Brennan|2026-07-05T16:44:31-04:00June 10th, 2026|Marijuana Business, News|