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Marijuana Business

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

Federal Marijuana Legalization Doesn’t Have Everyone In Michigan Cannabis Happy

DETROIT - One thing most people agree on: Federal marijuana legalization is coming. It’s just a matter of when -- and how it will impact existing state markets, such as the one currently growing in Michigan. With the inconsistent patchwork of state laws across the nation regarding medical and recreational marijuana, the implications of federal

By |2021-09-25T11:11:17-04:00September 25th, 2021|Marijuana Business, News|
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Skymint Buys 3Fifteen Cannabis, Lands $70 Million Loan, Gets $8 Million Investment

ANN ARBOR – The wave of consolidations in the Michigan cannabis market continued Tuesday when SKYMINT announced the acquisition of 3Fifteen Cannabis, the closing of its concurrent $70 million Senior Secured Term Loan from Tropics LP, an affiliate of SunStream Bancorp Inc., a joint venture initiative sponsored by Sundial Growers Inc., and its $8 million equity investment from

By |2021-09-21T17:11:03-04:00September 21st, 2021|Marijuana Business, News|
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Cloud Cannabis Buys Kalamazoo Cultivator, Partners With California’s Wonderbrett

TROY - Cloud Cannabis Co. has acquired a cultivation facility in Kalamazoo, formerly operated by KKind, a Michigan-based cultivator. The location features 70,000 square feet of cultivation space, complete with power, lighting and watering systems. “This acquisition provides Cloud with full control over our supply chain, allowing us to provide our customers with the highest

By |2021-09-13T19:26:49-04:00September 13th, 2021|Featured, Marijuana Business, News|
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Fall For A Veteran – Focus OF HeroProjectUSA Org

ANN ARBOR - Dan Keelan, publisher of Michigan Marijuana Report, and Secretary of the Hero Project Board of Directors, provides the back story on the Fall For A Veteran awareness campaign that kicks off Saturday Sept. 11 and runs through Nov. 11. Over those 60 days, a saturation social media campaign hopes to make the

By |2021-09-08T19:41:10-04:00September 8th, 2021|Marijuana Business, News|
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Lake Superior State Partners With Cambium Analytica To Support Cannabis Studies

SAULT STE. MARIE - Lake Superior State University has secured a long-term partnership with Cambium Analytica, a Michigan cannabis testing laboratory, through a $250,000 donation over five years that will help fund the school’s Living-Learning House for Cannabis Studies and various academic research programs for students pursuing a degree in the cutting-edge field. LSSU held

By |2021-09-14T08:44:27-04:00September 8th, 2021|Featured, Marijuana Business, News|
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Can You Be Fired For Off Duty Marijuana Use Even Where It’s Legal?

DETROIT - Marijuana is becoming legal in many states around the country. It is still illegal on a federal level, however. Although many companies are relaxing their drug testing for marijuana, not all of them are. Employers are free to fire anybody that is found to be under the influence of marijuana while at work.

By |2021-09-07T18:16:31-04:00September 6th, 2021|Guest Columns, Marijuana Business, News|
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Canada’s TerrAscend To Buy Detroit-Based Gage Cannabis In $545 Million Deal

TORONTO, Can. - In what appears to be one of the first big cannabis consolidations in Michigan, Canadian-based TerrAscend plans to enter Michigan's rapidly growing cannabis market through the acquisition of Detroit-based Gage Growth in an all-stock deal reportedly worth $545 million. TerrAscend, which has operations in both the U.S. and Canada, said the deal will

By |2021-09-02T09:20:15-04:00September 2nd, 2021|Featured, Marijuana Business, News|
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America’s Back Office And THC123 Provide HR Services And More

ANN ARBOR - Anthony Sabatella heads up risk management for America's Back Office, an HR, insurance, payroll outsourcing company that serves more than a thousand clients nationwide. He also heads up THC123 and MyCannaJobs, a similar outsourcing service under the ABO banner for cannabis companies. In this video interview, Sabatella provides all the details on

By |2021-08-26T18:57:57-04:00August 26th, 2021|Marijuana Business, mitechtv, News|
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Michigan Marijuana Sales Breaks Record In July

LANSING - Michigan marijuana sales broke another record last month with more than $171 million in cannabis transactions, according to the Marijuana Regulatory Agency, up $149 million in July. Andrew Brisbo, executive director of the MRA, touted the $128 million in adult-use sales and $43 million in medical cannabis purchases in July, saying, “Another record

By |2021-08-15T12:19:03-04:00August 15th, 2021|Marijuana Business, News|
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Gage Cannabis Opens 10th Retail Location Near Flint

DETROIT - Gage Growth Corp. announced last week the opening of its 10th provisioning center in Burton, near Flint, serving medical and recreational customers. The new storefront at 1234 N. Center Road. "Michigan continues to be one of the strongest cannabis markets in the country, and the opening of our 10th store location in the state is

By |2021-08-15T12:09:30-04:00August 15th, 2021|Marijuana Business, News|
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