News

Robert F. Kennedy Jr. Wants To Crack Down On Kratom

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

By |2025-08-06T13:19:36-04:00August 6th, 2025|Marijuana Business, News|

Women In Cannabis Program Seeks Sponsors For Fall Celebration

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

By |2025-08-14T10:57:15-04:00August 5th, 2025|Marijuana Business, mitechtv, News|

Delta’s AI Pricing Means Higher Fares For Wealthier Flyers

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;

By |2025-08-03T16:10:45-04:00August 3rd, 2025|Artificial Intelligence, Business, News|

Despite Legalization Of Adult-Use Cannabis In Ohio, 135 Ohio Cities Ban Pot Sales

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

By |2025-08-01T15:40:03-04:00August 1st, 2025|Marijuana Business, News|

Tribal Cannabis Compact Signed Between CRA And Bay Mills Indian Community

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,

Invest Detroit Closes $32 Million In Four Detroit Projects With New Markets Tax Credit

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

By |2025-07-31T16:41:18-04:00July 31st, 2025|Business, Entrepreneurs, News|

Federal Reserve Holds Interest Rates Steady, But 2 Board Officials Dissent

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

By |2025-07-30T14:36:18-04:00July 30th, 2025|News|

July 2025 CRA Social Equity Team’s Quarterly Update

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

Ohio Legislative Snafu Freezes $20 Million Aimed At Cannabis-Friendly Cities

CLEVELAND, Ohio – Recreational marijuana sales have generated $55 million in taxes since sales began a year ago, but the Ohio cities that host the dispensaries still haven’t gotten a dime of it. While municipalities that host dispensaries were initially promised 36% of those tax dollars, or roughly $20 million, they’ve been waiting for state

By |2025-07-28T15:51:51-04:00July 28th, 2025|Marijuana Business, News|

Ohio Cannabis Sales Top $921 Million Since August 2024

COLUMBUS - According to the Division of Cannabis Control, between August 7 and July 12, marijuana retailers in Ohio generated $653,066,896 in adult-use sales and $268,597,078 in medical marijuana purCombined, that’s $921,663,974 across 12,068,699 transactions—9,068,956 from recreational customers and 2,999,743 from medical marijuana patients. The average price per gram of marijuana flower has also fallen

By |2025-07-24T17:51:24-04:00July 24th, 2025|Marijuana Business, News|