LANSING -Michigan cannabis sales are falling sharply as a new 24% tax begins to impact the industry. Michigan cannabis sales recently dropped toward a two-year low, signaling growing pressure on a market once valued at over $3 billion. As new taxes, oversupply and pricing challenges converge, the industry now faces increasing uncertainty. Michigan’s legal cannabis
ANN ARBOR - Michigan is emerging as a potential hub for the next wave of artificial intelligence data centers, but the rapid growth of these massive computing facilities is raising a new question for policymakers and utilities: Who will pay for the electricity? Large cloud and AI data centers require enormous amounts of power —
DETROIT - Oil prices are climbing and analysts warn a wider Iran war could trigger another global energy shock similar to the 2022 crisis. Michigan gasoline prices are already rising as global oil markets react to the expanding conflict involving Iran and growing fears that fighting in the Middle East could disrupt one of the
COLUMBUS - Ohio Attorney General Dave Yost has filed a sweeping antitrust lawsuit accusing nine of the nation’s largest cannabis companies of operating a coordinated “cartel” designed to control market access and suppress competition. The lawsuit, filed in Franklin County Common Pleas Court, alleges the companies violated Ohio’s Valentine Act — the state’s primary antitrust
LANSING - Michigan’s controversial 24 percent wholesale cannabis tax is facing challenges on two fronts — in the Legislature and in the courts — as lawmakers move to repeal the levy just months after it took effect. A bipartisan group of Michigan legislators has introduced bills that would eliminate the wholesale tax, arguing the measure
LANSING — Michigan recorded nearly 20,000 job cuts in January, one of the highest totals in the United States, raising new questions about how economic shifts in the automotive and manufacturing sectors could reshape the state’s workforce. According to a new national layoffs report from outplacement firm Challenger, Gray & Christmas, Michigan employers announced 19,714
LANSING — Michigan lawmakers have introduced legislation that would impose a one-year moratorium on new data center construction, arguing the state needs time to study the impact of rapidly expanding artificial intelligence infrastructure on electricity demand, water resources, and local communities. The proposal comes as Michigan begins attracting interest from developers seeking locations for large-scale
LANSING - Michigan is sending nearly $94 million in adult-use marijuana tax revenue back to local governments across the state, with Detroit, Grand Rapids, Lansing and Ann Arbor among the largest municipal recipients. According to the Michigan Department of Treasury’s 2026 distribution report a total of $83,773,685.60 was distributed based on cannabis revenues collected during
LANSING — Michigan entrepreneurs have been given more time to compete for a $10,000 prize and statewide exposure after organizers extended the application deadline for the 2026 Michigan Celebrates Small Business Pitch Competition to March 6. The pitch competition is part of the annual MCSB Summit, which recognizes standout small businesses from across the state
COVERT, MI - The effort to restart the Palisades Nuclear Generating Station is entering its most consequential regulatory phase, as missing decades-old weld documentation forces owner Holtec International to seek relief from federal regulators. At issue is whether the 800-megawatt nuclear plant — shut down in May 2022 after 51 years of operation — can
