Marijuana business news and information resource for the medical marijuana and retail cannabis industry.
ROYAL OAK - Jason Raznick, founder of Benzinga, a FinTech News organization, explains its origins, and why he decided to add Cannabis business coverage for his millions of readers worldwide. https://youtu.be/j7zB0-uAR9M
LANSING - Gary Schuler, Founder and CEO of GTF, wants to use the bottom 80 percent of the Hemp plant to develop a Hemp textile industry in Michigan, just one of the 20,000 uses for Industrial Hemp. https://youtu.be/-pS_w7yumns
LANSING - Anderson Economic Group’s monthly AndCan Index shows resumed growth in U.S. demand for legal cannabis products in October 2019. This follows a two month plateau in August and September as the market took a break from uninterrupted growth between January and July. Year-over-year, the growth rate strengthened further to a rate of 16.9
LANSING - The Michigan Department of Health and Human Services announced there has been a third death associated with the outbreak of vaping-related lung injuries in the state. MDHHS was notified about the death of an adult male on Dec. 19. No other information about the individual will be released due to confidentiality reasons. “The
LANSING - As of Jan. 7, there are 27 active adult-use licenses in the state. Not all of them are yet open for business, so call ahead to make sure. A drum roll please: Releaf Center to Compassionate Care – 1840 TERMINAL ROAD Suite A, NILES MI 49120 Choice Labs – 3331 Page Ave, Jackson
EAST LANSING —According to Anderson Economic Group’s monthly AndCan®Index, demand for legal cannabis products in the United States remained flat in September. This monthly measurement closely follows trends across all 50 states for both the recreational and medicinal markets, based on benchmarks developed when AEG began assessing the market in 2015. Through July, the legal cannabis
ATLANTA - Is Coke planing on entering the burgeoning cannabinoid medicinal market with an infused CBD extract soft drink? A video posted to YouTube – since deleted – by a user with the screen name “Gabor the Blind Guy” purportedly shows a Coca-Cola can with a childproof lid. The man in the video says that
DETROIT - As Michigan’s budding recreational cannabis market develops, efforts are underway to quash competing illicit sales, according to the state’s top marijuana regulator. Michigan voters approved a ballot question on Nov. 6, 2018 that legalized adult use cannabis, and the Marijuana Regulatory Agency issued emergency rules July 3 of this year for the rollout
LANSING - During the first two weeks of December, residents bought more than $3 million worth of marijuana at recreational retailers, which provided $515,051 in tax revenues, the state said Tuesday. The second week of sales totaled $1.47 million and resulted in $147,371 in excise tax revenue and $97,265 in sales tax revenue, the Marijuana
LAPEER – The Shango cannabis brand is teaming up with prominent Michigan businessman Adnan “Andy” Shango to open a 1,100-square-foot retail medical Provisioning Center in Lapeer on December 13. Shango is an established, vertically integrated cannabis brand operating in Oregon, Nevada and, now, Michigan. With major expansions in California, Arizona and Missouri planned for 2020,
