COLUMBUS - This week marks the first year of recreational cannabis sales in Ohio with more than $702 million sold since sales went legal on Aug. 6, 2024. Exact number published by the Ohio Department of Commerce Division of Cannabis Control show the exact number is $702,587,948 with 109,706 pounds sold as of Aug. 5, the
COLUMBUS - On the one-year anniversary of recreational marijuana sales in Ohio, some local retailers say the rollout has been slower than expected. About 57% of Ohio voters approved a constitutional amendment in 2023 to legalize the sale of marijuana for recreational adult use. Those sales began Aug. 6, 2024. Given the success of recreational
DETROIT - After a viral video on TikTok and a press conference with Robert F. Kennedy Jr., during which federal officials said they plan to crack down on 7-OH, kratom is in the spotlight and that could mean changes for Michigan. Products containing the plant ingredient kratom are sold across Michigan at gas stations, liquor stores and smoke shops. It comes in
DEARBORN - Four20 Post publisher Dan Keelan talks about the Women in Cannabis Leadership series. The program will highlight the women who are making a positive difference in the cannabis business community. Sponsors will gain tremendous visibility among Michigan's $3 billion plus cannabis industry. These leaders were nominated by their peers and then vetted by
MINNEAPOLIS - Delta Air Lines has been using AI to help set the price of some tickets. “A super analyst” working “24 hours a day, 7 days a week” to optimize airfares is how Delta president Glen Hauenstein described its AI initiative to investors. In late 2024, Delta was using AI on about 1 percent of fares;
COLUMBUS - In November 2023, 57% of voters in Ohio voted for Issue 2, a ballot initiative which legalized adult recreational marijuana use and tasked the Ohio Departments of Commerce and Development with implementing a legal recreational cannabis industry in the state. Like most other states that have legalized cannabis for recreational use, Ohio allows
LANSING - In a historic development for cannabis policy and tribal sovereignty in Michigan, the Cannabis Regulatory Agency and the Bay Mills Indian Community have officially signed the state’s first tribal-state cannabis compact, allowing the Upper Peninsula-based tribal nation to participate directly in Michigan’s licensed adult-use cannabis market. The agreement, finalized on July 25, 2025,
DETROIT - Invest Detroit has announced closing four transactions totaling $32 million using its New Markets Tax Credit allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund. The allocation will support four transformative projects in the city of Detroit. Invest Detroit is a mission-driven lender, investor, and partner that supports
WASHINGTON DC - The Federal Reserve on Wednesday kept short-term interest rates at a level of 4.25 to 4.5 percent, but two board officials running to succeed Fed Chair Powell voted to lower them. Nine of members of the Federal Open Market Committee agreed to keep rates unchanged. The two dissenters were Fed Vice Chair of
LANSING - It is time for the CRA’s Social Equity Team’s Quarterly Update! Check out what we have been up to this summer along with tips and reminders of the resources we offer. Education Sessions Check out the new additions to the Video Library on the CRA website. Browse all education sessions by topic or
