LANSING - Michigan Gov. Gretchen Whitmer participated in a series of behind-closed-door meetings with Democratic lawmakers last week to help secure votes she needed to get a new budget and a road funding plan through the House and Senate. On Thursday night, Democrats who have a majority of the seats in the Senate were struggling
LANSING - The Michigan Public Service Commission today approved a natural gas rate increase for Consumers Energy Co. aimed at boosting the safety and reliability of its gas pipeline system by replacing gas lines most at risk of leaks and service interruptions for customers. The Commission authorized Consumers to raise rates by $157,495,000, a more
LANSING - Michigan lawmakers unveiled and approved a long-awaited budget that makes funding cuts to many state agencies while allocating an extra $1.1 billion to the Michigan Department of Transportation, which is responsible for fixing state roads and bridges, supported by a 24 percent wholesale tax on cannabis. Shortly after 3 a.m. on Oct. 3,
COLUMBUS - Ohio regulators have filed new proposed rules to build upon the state’s marijuana legalization law, laying out plans to update regulations on labeling and packaging requirements. In a rule package that’s now open for public comment, the Department of Cannabis Control (DCC) put forward six proposals under the state’s Common Sense Initiative (CSI),
NEW YORK - After two uncharacteristic years of decline in 2022 and 2023, CEO pay surged in 2024 and remained enormous compared with the pay of other workers, according to a new data tool on CEO pay provided by the Economic Policy Institute. CEO Pay Surges Again After Two-Year Decline Average realized CEO compensation—including stock
WASHINGTON DC - Federal officials have released updated data on the number of banks reporting that they work with marijuana businesses–and most financial institutions don’t seem especially concerned with their cannabis clientele. The Financial Crimes Enforcement Network (FinCEN), which falls under the U.S. Department of Treasury, has been publishing data for years about suspicious activity
COLUMBUS - Ohio medical and adult-use marijuana sales have officially surpassed $3 billion, new data from the state Department of Commerce shows. In an update published on Tuesday, DOC’s Division of Cannabis Control reported $3,036,756,851 in cannabis purchases as of September 13. That total includes $2.2 billion in medical sales since 2019 and $802 million in
LANSING - August was a banner month for cannabis sales in Michigan with more than $283 million worth of product sold, according to the latest figures provided by the Cannabis Regulatory Agency. Sales last month were 3.2 percent higher than July, but not enough to equal what was sold in August 2024, when the high
GRAND RAPIDS - Grand Rapids’ economy continued to slump in August, according to data gathered by a Grand Valley State University researcher. In his August survey of local firms and purchasing managers, GVSU’s Brian Long said the lingering effects of tariffs implemented by President Donald Trump’s administration continue to ripple through West Michigan companies. “Depending
COLUMBUS - Cannabis comics Cheech & Chong are expanding their cannabis brand into Ohio through an exclusive partnership with Riviera Creek, a leading cultivator in the state. “This partnership is about merging legacy with innovation,” said Brian Kessler, Chairman of the Board of Riviera Creek. “Riviera Creek’s commitment to clean, consistent cultivation aligns perfectly with
