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Ohio Dispensaries Sold $11.5 Million In Cannabis In First 5 Days Of Legalization

COLUMBUS - Oho cannabis dispensaries sold more than $11.5 million worth of marijuana to recreational customers in the first five days of legalization. Recreational sales opened to the public on August 6 and by August 10, about 1,285 pounds of non-medical plant material had been sold, the Ohio Division of Cannabis Control reported Friday. That's

By |2024-08-16T18:47:03-04:00August 16th, 2024|Marijuana Business, News|

July Michigan Cannabis Sales Remain Flat For 5th Month In A Row

LANSING - Michigan cannabis sales continue to remain flat in July with sales for all products topping $287.7 million, up 3.2 percent from June’s $275.2 million. This follows similar sales figures in May of $278 million, April $279.6 million and March a record $289 million. Recreational sales in July recreational marijuana sales totaled $264.4 million,

By |2024-08-15T15:41:40-04:00August 15th, 2024|Featured, Marijuana Business, News|

July 2024: US Annual Inflation Decline Signals Fed Rate Shift

WASHINGTON DC – In July 2024, annual inflation in the United States has fallen below 3 percent for the first time since March 2021, marking a significant turning point in the nation’s economic sphere. This decline raises important questions about the future direction of monetary policy. As inflation eases, many analysts anticipate a shift in

By |2024-08-29T21:31:26-04:00August 14th, 2024|News|

Ohio Cannabis Sales In First Week Exceeding Expectations Despite High Prices

COLUMBUS - Recreational cannabis sales in Ohio have been legal for a week and business is booming. Sales in Ohio are rivaling some of the top cannabis markets in the country. It’s also attracting customers from nearby states, where recreational marijuana isn’t legal. But prices remain high in comparison to Michigan. “We’re seeing numbers at

By |2024-08-14T09:02:29-04:00August 14th, 2024|Featured, Marijuana Business, News|

Ohio Medical Marijuana Patients Get Priority Over Recreational Customers

COLUMBUS - With recreational cannabis sales underway across Ohio as of Tuesday, the non-medical, adult-use products are coming at a premium. Owners of medical marijuana dispensaries and others in the industry have said the sky-high costs are to stave off potential shortages down the line, but that medical card holders have nothing to worry about. For existing

By |2024-08-13T14:52:08-04:00August 12th, 2024|Marijuana Business, News|

GVSU Research Shows West Michigan Economy Slowing

GRAND RAPIDS - While the recent turmoil in financial markets around the world triggered fears of a recession, a Grand Valley State University researcher said he’s not ready to make that declaration for the national or local economies. Brian Long, director of supply chain management research at the Seidman College of Business, said his data

By |2024-08-11T16:38:30-04:00August 11th, 2024|Featured, News|

Ohio’s Adult-Use Marijuana Sales Off To Special Start

COLUMBUS - Dozens of medical cannabis dispensaries in Ohio on Tuesday began selling adult-use marijuana products, ushering in a new era for the state and another potential billion-dollar market in the Midwest. The final green light for recreational marijuana sales was given to 98 stores earlier in the day when the Ohio Department of Commerce Division

By |2024-08-12T18:32:38-04:00August 10th, 2024|Marijuana Business, News|

Ohio vs. Michigan: Is There A Difference In Cannabis Prices?

MONROE - With Ohio beginning recreational marijuana sales on Tuesday, the topic of product prices between Ohio and Michigan dispensaries has many asking questions. “The difference between 10 miles south into Ohio compared to 10 miles north into Michigan is leaps and bounds right now,” said Harrison Carter, the owner and operator of Nar Cannabis in Monroe,

By |2024-08-12T18:32:49-04:00August 7th, 2024|Marijuana Business, News|

Ohio Recreational Cannabis Sales Start Tuesday

COLUMBUS, Ohio — Multiple Ohio dispensaries have confirmed to NBC4 that they have the green light to start selling recreational marijuana on Tuesday, but some caveats for customers apply. As of Monday, Sunnyside Dispensaries — a subsidiary of Cresco Labs — had announced the earliest opening time of 7 a.m. at its Cincinnati shop, likely

By |2024-08-05T11:12:10-04:00August 5th, 2024|Featured, Marijuana Business, News|

Ohio Issues 32 More Cannabis Sale Permits July 31

COLUMBUS - The Ohio Division of Cannabis Control (DCC) is just about wrapped up with its licensing process to allow existing cultivators, processors and testing laboratories to participate in the state’s adult-use marketplace after issuing 32 more permits July 31. To date, the DCC has issued dual-use certificates of operation—allowing businesses to serve both the

By |2024-08-01T17:03:08-04:00August 1st, 2024|Marijuana Business, News|