FacebookLinkedInRssXYouTube

Marijuana Business

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

Ohio Cannabis Tops $1B as Regulation Tightens and Michigan’s New 24% Wholesale Tax Reshapes Midwest Competition

COLUMBUS - Ohio’s legal cannabis market reached a major benchmark in 2025, surpassing $1 billion in combined adult-use and medical marijuana sales during its first full year of recreational commerce. Adult-use marijuana sales launched in August 2024 following voter approval in November 2023. By the end of 2025, Ohio dispensaries had recorded: More than $836

By |2026-01-17T11:16:02-05:00January 17th, 2026|Marijuana Business, News|
Read More

Michigan Cannabis Sales Slip in 2025 as Market Matures, New Wholesale Tax Reshapes 2026 Outlook

Michigan’s legal cannabis market closed 2025 with a modest decline, marking a clear shift from years of explosive growth to a more mature, price-competitive phase—just as a significant new tax takes effect in 2026. Total cannabis sales in Michigan declined 3.5% in 2025, finishing the year at an estimated $3.17 billion, down from $3.29 billion

By |2026-01-15T09:59:31-05:00January 14th, 2026|Marijuana Business, News|
Read More

Michigan Marijuana Industry’s Court Challenge To 24% Wholesale Tax Advances As Job Losses Mount

LANSING — Michigan’s cannabis industry is pressing forward with a constitutional lawsuit against the state’s 24% wholesale marijuana tax, arguing the levy was imposed illegally and is already triggering layoffs, facility closures, and real-world economic pain across the state’s expanding legal marijuana market. The case, filed by the Michigan Cannabis Industry Association (MiCIA) and several

By |2026-01-07T10:55:39-05:00January 7th, 2026|Marijuana Business, News|
Read More

Michigan’s 24 Percent Wholesale Cannabis Tax Starts Jan. 1 As Dispensaries Brace For Margin Pressure In 2026

LANSING — Michigan’s cannabis industry is heading into 2026 facing a new cost layer that operators say will further squeeze margins in an already oversupplied market. Beginning Jan. 1, 2026, the state will implement a wholesale cannabis tax on transfers between growers and retailers — a structural shift that moves part of Michigan’s cannabis tax

By |2025-12-30T14:33:02-05:00December 30th, 2025|Marijuana Business, News|
Read More

Cannabis Reform Is Moving Forward — But Washington Is About to Break The Hemp Economy

ANN ARBOR - President Donald Trump’s decision to move marijuana out of the most restrictive federal drug category marks real progress in U.S. cannabis policy — progress that’s been a long time coming. By directing federal agencies to reschedule marijuana from Schedule I to Schedule III, the administration is finally acknowledging what science, voters, and

By |2025-12-25T08:49:53-05:00December 25th, 2025|Featured, Marijuana Business, News|
Read More

C3 Industries to Close Webberville Grow, Lay Off 62 as Michigan Cannabis Prices and Taxes Squeeze Operators

ANN ARBOR — C3 Industries has filed a state Worker Adjustment and Retraining Notification, or WARN notice, announcing plans to close its 35,000-square-foot cannabis cultivation facility in Webberville on Feb. 14, eliminating 62 jobs as Michigan’s legal marijuana industry faces mounting financial pressure. The Ann Arbor–based company said the closure is driven by the state’s new

By |2025-12-21T14:30:24-05:00December 21st, 2025|Marijuana Business, News|
Read More

Trump Order Advances Marijuana Rescheduling, Offering Potential Relief For Michigan Cannabis Industry

WASHINGTON — President Donald Trump has signed an executive order directing federal agencies to move forward with the rescheduling of marijuana under federal law, a step that could ease financial pressure on the legal cannabis industry while stopping short of nationwide legalization. The order instructs the Justice Department and the Drug Enforcement Administration to advance

By |2025-12-20T12:14:03-05:00December 18th, 2025|Featured, Marijuana Business, News|
Read More

Michigan Cannabis Sales Hit $260 Million In November As Prices Plunge To Historic Lows

LANSING — Michigan’s legal cannabis market generated nearly $260 million in sales in November, but the headline figure masks deep stress in the industry as average prices for an ounce of marijuana fell to historic lows, leaving growers, processors and retailers fighting for margins. According to industry data, the average retail price for an ounce

By |2025-12-18T09:38:12-05:00December 18th, 2025|Featured, Marijuana Business, News|
Read More

What Reclassifying Marijuana To Schedule III Would Mean For Cannabis Companies — and Why Trump May Do It

WASHINGTON DC - President Trump is likely to loosen long-standing federal restrictions on marijuana early next year by reclassifying the drug under federal law, according to Axios. If that happens, the move would carry major consequences for cannabis companies, investors, researchers, and state-regulated marijuana markets. Under the plan under review, marijuana would be shifted from

By |2025-12-13T18:38:07-05:00December 12th, 2025|Featured, Marijuana Business, News|
Read More

DeWine to Sign Bill Recriminalizing Out-of-State Marijuana, Rolling Back Ohio Voter Law

COLUMBUS - Ohio Gov. Mike DeWine said Thursday he will sign legislation that rolls back key parts of Ohio’s voter-approved marijuana law, including a provision that would again make it a crime to possess marijuana legally purchased in another state, such as neighboring Michigan. Voters approved recreational marijuana in 2023 with the expectation that legal

By |2025-12-12T09:39:10-05:00December 12th, 2025|Marijuana Business, News|
Read More