News

Top Startups Take Center Stage At Invest360: Winners Announced in Tech, Healthcare, and Mobility Sectors

ANN ARBOR  – Invest360 event celebrated some of Southeast Michigan’s most innovative early-stage companies. With fifteen startups competing for a share of $200,000 in investment funds across the Technology, Healthcare, and Mobility sectors, the event highlighted the region’s vibrant entrepreneurial ecosystem. Culturebie claimed top honors in the Technology sector, impressing with its enterprise software aimed

By |2024-09-24T15:25:25-04:00September 24th, 2024|Entrepreneurs, Featured, News|

Michigan Pot Sales Grow As Ohio Leaps Into Legal Recreational Cannabis

DETROIT - As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border? It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border

By |2024-09-22T13:17:20-04:00September 22nd, 2024|Marijuana Business, News|

CEO Pay Declined In 2023, But Still 290 Times As Much As Typical Worker

NEW YORK - CEO pay dipped in 2023 but remains enormous compared with the pay of other workers, a new Economic Policy Institute report finds. Average realized CEO compensation—including stock awards and options—at the top 350 U.S. firms was $22.2 million in 2023, a 19.4% decrease from 2022. Cumulatively, however, CEO compensation has skyrocketed 1,085% since

By |2024-09-19T18:45:05-04:00September 19th, 2024|Featured, News|

27% Of Older Michigan Adults Used Pot In Past Year, U-M Poll Contends

ANN ARBOR - More than a quarter of Michigan residents age 50 or older have used cannabis products containing the psychoactive component THC at least once in the past year, according to a new University of Michigan poll released Thursday. That's a higher percentage (27%) compared with the 21% of people in this age group

By |2024-09-19T13:55:10-04:00September 18th, 2024|Marijuana Business, News|

Michigan Cannabis Sales Increase In August Even With Ohio Marijuana Now Legal

DETROIT - As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border? It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border

By |2024-09-17T16:08:01-04:00September 17th, 2024|Marijuana Business, News|

With Ohio Legal Cannabis Sales Firing Up, Has Michigan Sales Plateaued?

LANSING — Has Michigan hit its weed ceiling? Michigan recently hit a high water mark: More marijuana sold than California, according to MJBizDaily, a cannabis business news outlet. California has long been the legal weed king and has nearly four times Michigan's population. Yet Michigan has three times more sales per person than California, the runner-up,

By |2024-09-16T08:53:26-04:00September 15th, 2024|Marijuana Business, News|

Michigan August Cannabis Sales Record $295.5 Million

LANSING - In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Recreational Sales Chart Below: Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down 6.9 percent from July,

By |2024-09-11T18:54:54-04:00September 11th, 2024|Featured, Marijuana Business, News|

Ford House Reveals Its Best-Kept Secrets And Autumn Splendor Tours

GROSSE POINTE SHORES – Ford House, the National Historic Landmark and former home of Eleanor and Edsel Ford, announced two exciting, guided tours that invite visitors to explore the estate like never before. First, its Autumn Landscape Guided Tour, available Tuesdays through Sundays between September 24 and November 10, invites you to experience Ford House's

By |2024-09-10T17:28:33-04:00September 10th, 2024|News|

Ohio Recreational Marijuana Sales Top $54 Million In First Month

COLUMBUS - More than $50 million worth of recreational marijuana product has been sold in Ohio in the first month of legal rollout, according to the Ohio Division of Cannabis Control. In the latest report, the division states recreational sales from Aug. 6 to Sept. 7 total $54,649,749. The division reports 840,141 units of manufactured product

By |2024-09-10T13:39:43-04:00September 10th, 2024|Marijuana Business, News|

Ohio Black Women-Owned Cannabis Company To Achieve 100% Vertical integration

COLUMBUS - The cannabis industry has over the years seen little participation of women and the involvement of Black women in the sector leaves much to be desired. According to Leafly, only 2% of cannabis business owners identify as Black, with Black women making up an even smaller percentage. Still, some Black women are making an impact with their

By |2024-09-08T19:25:44-04:00September 8th, 2024|Marijuana Business, News|