News

Michigan CRA Director Warns State Legislature Cannabis Industry Under Strain And Needs Reform

LANSING - Cannabis Regulatory Agency Executive Director Brian Hanna told state lawmakers this week that the cannabis industry is under extreme pressure from falling prices, black market activity and the growing unregulated, intoxicating hemp products sold in gas stations and other retailers that compete with licensed products sold through dispensaries. Hanna said at a regulatory

By |2025-04-26T11:50:11-04:00April 25th, 2025|Marijuana Business, News|

Michigan Innovation Fund Gives $60 Million To Help State’s Startups

LANSING - The Michigan Strategic Fund Board officially established the Michigan Innovation Fund on Tuesday, allocating $60 million toward evergreen venture capital funds. The board’s vote was necessary to finalize the implementation of the fund after Gov. Gretchen Whitmer signed a package of bills spurring its creation in January. The Michigan Innovation Fund is the largest funding

By |2025-04-26T11:50:12-04:00April 25th, 2025|Entrepreneurs, News|

Indiana AG Urges Legislature To Reconsider Bill That Legalizes High-Potency THC Products

INDIANAPOLIS  — Indiana Attorney General Todd Rokita has urged Indiana lawmakers to reconsider a bill that would legalize high-potency THC products by reclassifying them as hemp, such as Delta-8 and THC-laced gummies. In Letter from Todd Rokita to legislature on April 21 2025 sent Monday to the Indiana General Assembly and publicly shared Tuesday, the Republican warned

By |2025-04-26T11:50:13-04:00April 25th, 2025|Marijuana Business, News|

$16 Million In Grants Available to Help Michigan Businesses Grow, Retain Workforce

LANSING — The Michigan Department of Labor and Economic Opportunity (LEO) announced that approximately $16 million in funding is available for cycle 2 of the Going PRO Talent Fund. Michigan employers have until May 2, to apply for funding to help train, develop and retain current and newly hired employees in high-demand, high-skill positions. Since

By |2025-04-24T09:30:38-04:00April 23rd, 2025|Featured, News, Politics, Politics/Government|

First Car Maker To Stop Production In US Because Of Tariffs

HUNTSVILLE, Ala - The impact of Donald Trump’s ‘Liberation Day’ tariff policies are beginning to hit with car manufacturer Mazda confirming that it will halt production of CX-50s vehicles bound for Canada, a move prompted by America’s tariffs and corresponding Canadian countermeasures. Mazda says the pause will begin on May 12 at its Huntsville, Alabama plant, which builds the CX-50 car for North

By |2025-04-24T09:30:38-04:00April 23rd, 2025|Business, News|

Ohio’s First Legal 420 Cannabis Holiday Generates $3 million Jump In Revenue for State’s Dispensaries

COLUMBUS — Sunday marked Ohio’s first legal 420 stoner day and recreational marijuana sales were booming in the weeks leading up to the official pot holiday. Ohio voters legalized recreational marijuana in the 2023 election, but dual-use dispensaries were first permitted to open in August 2024.   According to data released by Ohio’s Division of Cannabis

By |2025-04-22T17:48:32-04:00April 22nd, 2025|Marijuana Business, News|

Celebrating 4/20 In Ohio? What To Know Before You Buy Your Pot

CINCINATTI - Sunday marks the first 420 − the unofficial holiday for cannabis enthusiasts − since recreational marijuana sales began in Ohio. Dispensaries opened their doors for consumers 21 and older last summer, months after voters legalized adult-use marijuana at the ballot box. Ohioans near the Michigan border, will be able to buy an ounce of cannabis for

By |2025-04-18T11:19:38-04:00April 18th, 2025|Marijuana Business, News|

Michigan Pot Sales In March Reverse 3-Month Decline, Up 14.5 Percent Since February

LANSING - Michigan cannabis sales recovered in March posting $276.95 million in sales, up 14.5% from February, according to newly released data from the Michigan Cannabis Regulatory Agency. Sales growth occurred in all sales categories, but the biggest gainer was flower. The industry sold 15,000 more pounds of adult-use flower in March, totaling $121.5 million,

By |2025-04-16T13:49:26-04:00April 16th, 2025|Featured, Marijuana Business, News|

GVSU Survey: Tariff Impact Generates Pessimism In West Michigan Economy

GRAND RAPIDS - A Grand Valley State University survey of West Michigan businesses and purchasing managers reveals increased uncertainty and a decline in confidence following the implementation of tariffs by President Donald Trump’s administration. Brian Long, the director of supply management research at GVSU’s Seidman College of Business, said responses from March’s survey participants reflected

By |2025-04-12T11:02:37-04:00April 12th, 2025|Featured, News|

Ohio Republican Lawmakers Seek To Change Voter-Approved Pot Laws

COLUMBUS - Ohio Republican politicians are offering new proposals to change Ohio’s recreational marijuana law enacted by voters in 2023. Their plans would alter many parts of the law—approved by 57 percent of voters that November—and range from lowering potency levels to reducing the legal number of homegrown plants, dictating where marijuana can be legally

By |2025-04-12T10:24:21-04:00April 12th, 2025|Marijuana Business, News|