WASHINGTON DC - Senate Majority Leader Charles Schumer (D-N.Y.) is facing significant obstacles in his legislative push to legalize marijuana, with resistance from Republicans and members of his own party threatening chances of passage in the upper chamber. Schumer has said that his aim is to bring a comprehensive marijuana reform bill forward later this month, weeks
ANN ARBOR - If your company wants to reach a rapidly expanding market segment with products and services businesses want and need, you should check out the adult-use and legal cannabis industry in Michigan. Last year, some $1.8 billion in sales were reported. State officials predict sales in 2022 could rise to $2.8 billion or
Common Citizen, which produces safe, high-quality cannabis products for patients and adult-use customers, today announced a historic cultivation partnership with boxing legend Mike Tyson’s premium cannabis line, California-based Tyson 2.0. Common Citizen will grow Tyson’s cannabis at its state-of-the-art hybrid greenhouse in Marshall, and will first yield “Knockout OG” and “Pound for Pound Cake”— both favorite strains of Tyson’s.
LANSING – The Michigan Department of Treasury announced that more than $42.2 million will be distributed among 163 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act. Next week, 62 cities, 15 villages, 33 townships and 53 counties will be receiving payments from the Marihuana Regulation Fund. For the
HAZEL PARK - Hot Box Social, the state’s first licensed consumption lounge, will open this month for private events. Located at 23610 John R in Main Street Hazel Park, Hot Box Social is a relaxed gathering space for meetings and special events where cannabis can be consumed in a safe and supportive environment. Capacity is
ANN ARBOR - Michigan Attorney General Dana Nessel will be one of the featured speakers on April 2 at the Hash Bash, the 50-year old event held on The Diag at the University of Michigan's Ann Arbor campus. Two blocks away, the Monroe Street Fair will feature products made by Michigan cannabis and hemp companies.
GRAND RAPIDS — Consumer confidence, purchases and new orders all rose in February, likely boosted by the sharp decline in the number of positive COVID-19 cases in West Michigan and the nation, according to Brian G. Long, director of Supply Management Research in the GVSU Seidman College of Business. Yet, Long said, February's numbers were
NEW YORK - U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the pandemic-driven shift to online shopping, a report from Adobe Analytics contends. The forecast represents a jump of 13 percent from 2021 and follows a total spend of $1.7 trillion over the course of two
DETROIT – Concerns about labor shortages and inflation are weighing on the minds of Michigan’s business leaders, according to a quarterly economic survey released today by Business Leaders for Michigan. Labor shortages are being felt across all job categories, including in manufacturing, office and front-line positions, with 85 percent of survey respondents expecting to have trouble
LANSING - The Michigan Cannabis Manufacturers Association is calling on state leaders to address the Michigan Marijuana Regulatory Agency’s proposed expansion of the state’s Class A Microbusiness License — something the MRA is not authorized to do under state statute, Benzinga reports. The MCMA, comprised of many of Michigan's largest growers, processors and cannabis licensees, says the state Legislature – not state agencies
