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Marijuana Business

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

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|
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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|
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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|
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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|
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Ohio Legislature Amends Voter-Approved Cannabis Legalization To Tighten Oversight

COLUMBUS, Ohio - The Ohio Senate raced legislation across the finish line on Dec. 9, approving a major overhaul of the voter-approved statute that legalized adult-use cannabis, banning intoxicating hemp products, and authorizing drinkable cannabinoid products for one year. Senators voted 22–7 along party lines to adopt a House-backed conference committee report on Senate Bill

By |2025-12-10T15:38:35-05:00December 10th, 2025|Marijuana Business, News|
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Court Denies Injunction Against Michigan Cannabis Wholesale Tax

Michigan’s cannabis industry failed to secure an injunction against the new wholesale tax, but the judge left the door open for the underlying legal challenge to proceed as questions remain about voter intent and market impact. DETROIT - Michigan’s legal cannabis industry took a major hit Monday after a judge refused to block a new

By |2026-01-24T07:04:29-05:00December 8th, 2025|Featured, Marijuana Business, News|
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Senate Bill 56 Likely To Pass Next Week With New Ohio Criminal Sanctions

COLUMBUS - A new law that’s likely to pass at the Ohio Statehouse next week would establish a series of minor criminal penalties for people who improperly transport or possess marijuana in Ohio, while rolling back legal protections for users in venues like child custody or professional licensing disputes. For that reason, NORML is leading

By |2025-12-10T15:38:46-05:00December 5th, 2025|Marijuana Business, News|
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Kent State Offering Cannabis Career Certificate Programs To Meet Workforce Demands

KENT, Ohio - On Monday, Kent State University announced it will be launching six online Cannabis Career Certificate programs in partnership with Green Flower, a cannabis education company. The partnership aims to help meet workforce demands in Ohio's rapidly growing $3 billion cannabis industry, a news release states. "Kent State is committed to offering high-quality,

By |2025-12-04T16:26:44-05:00December 4th, 2025|Marijuana Business, News|
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Michigan Cannabis Industry Fights 24 Percent Wholesale Tax In Court

DETROIT - The Michigan Court of Claims heard arguments Nov. 25 over the constitutionality of a new 24% wholesale tax on cannabis products, a measure that has sparked significant backlash from the state’s legal marijuana industry. The tax, set to take effect on Jan. 1, was passed as part of Michigan’s fiscal 2026 budget to raise $420 million to

By |2025-12-07T14:16:51-05:00December 3rd, 2025|Featured, Marijuana Business, News|
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Ohio Cannabis Communities Still Waiting for Millions in Tax Revenue — Relief May Come in December

COLUMBUS - Ohio communities hosting recreational marijuana dispensaries are still waiting for their share of cannabis tax revenue — despite the state collecting tens of millions of dollars since adult-use sales began in September 2024. So far, none of that money has reached local governments. That could change in December if the Ohio Senate returns

By |2025-12-02T09:42:51-05:00December 2nd, 2025|Marijuana Business, News|
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