News

MCMA Furious As MRA Authorizes Cannabis Microbusiness License Expansion

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

By |2022-03-02T11:45:45-05:00March 2nd, 2022|Marijuana Business, News|

Michigan Marijuana Report Partners with Small Business Association of Michigan

ANN ARBOR – Michigan Marijuana Report has formed a strategic partnership with the Small Business Association of Michigan to give cannabis businesses access to SBAM’s group buying power for products and services, including low-cost insurance. “We’re excited to work with SBAM, an organization I have been a member of for more than a decade,” said

By |2022-03-01T10:22:38-05:00March 1st, 2022|Featured, Marijuana Business, News|

Cannabis Jobs In Michigan Grew By 72 Percent in 2021, Third Behind California And Colorado

SEATTLE -  Cannabis sales in Michigan shot up 81 percent in 2021, reaching $1.79 billion and supporting 31,152 jobs. That 72 percent annual growth in jobs puts Michigan behind only California and Colorado in terms of total state cannabis employment. Michigan maintains robust medical and adult-use markets, with 402 dual (adult-use and medical) retailers, 47

By |2022-02-27T10:50:35-05:00February 27th, 2022|Marijuana Business, News|

Consumers Energy Foundation Put Your Town On The Map Competition

JACKSON—The Consumers Energy Foundation is bringing back the Put Your Town on the Map pitch competition to provide $50,000 for big ideas in Michigan’s small towns. The Put Your Town on the Map competition provides dollars for three projects that aim to help small communities in Michigan grow and thrive. Communities with a population of

By |2022-02-27T10:50:36-05:00February 27th, 2022|News|

Value Of Hemp Production Totaled $824 Million In 2021

WASHINGTON DC - USDA’s National Agricultural Statistics Service released the results of the 2021 Hemp Acreage and Production Survey in its National Hemp Report  showing the value of U.S. hemp production in the open totaled $712 million. The value of production for hemp that was grown under protection in the U.S. totaled $112 million. Planted

By |2022-02-22T08:56:09-05:00February 21st, 2022|Marijuana Business, News|

Monroe Street Fair Looking For General Business Support To Reach Cannabis Businesses

ANN ARBOR - The Monroe Street Fair on April 2 is looking to work with general businesses that want to do business with Michigan's rapidly expanding legal cannabis companies. Fair Co-Founder Charlie Strackbein joins Matt and Mike on MITech TV to explain how these businesses can benefit by becoming a Fair sponsor, where at least

By |2022-02-16T12:26:34-05:00February 16th, 2022|Marijuana Business, mitechtv, News|

Michigan Adult-Use Cannabis Sales Decline 9 Percent In January From December, But Up 41 Percent From A Year Ago

LANSING - After a record-setting December and an equally booming 2021, Michigan’s adult-use cannabis sales decreased 9 percent to $152.6 million in January though 41 percent up from a year ago. The Michigan Marijuana Regulatory Agency, which breaks down sales by medical and adult-use, reported medical sales falling 32 percent from a year ago to $28 million, down 15 percent sequentially, and

By |2022-02-09T20:25:01-05:00February 9th, 2022|Featured, Marijuana Business, News|

Cannabis Dispensary Business Is Now Going Door-to-Door Deliveries

DETROIT - The retail sale of cannabis and cannabis products like CBD oil and gummies, is one of the fastest growing industries in the U.S. and abroad. If not for ongoing federal legal regulation and associated problems with central bank financing, the industry and its healing, medicinal, and recreational products would be skyrocketing. Or so

By |2022-02-09T20:52:37-05:00February 9th, 2022|Marijuana Business, News|

Detroit City Distillers Offering Paczki Day Vodka Online Orders Feb 11

DETROIT - Paczki Vodka, made with real Paczkies made in Detroit, will be going on sale online on Friday Feb. 11 at 8 am. A year ago the cult classic sold out the entire run of 4000 bottles in 22 minutes. Detroit City Distillery co-owner Michael Forsyth joins Matt and Mike on MITech TV to

By |2022-02-09T20:54:12-05:00February 7th, 2022|Entrepreneurs, Featured, News|

West Michigan Businesses Rebounding, But Slow Down Later When Interest Rates Rise

GRAND RAPIDS — West Michigan businesses will continue to rebound from the pandemic but Grand Valley State University researchers said growth will slow later this year due to a likely rise in interest rates. Paul Isely, professor of economics and associate dean in the Seidman College of Business, detailed his benchmark survey of the regional economy

By |2022-02-03T17:24:43-05:00February 3rd, 2022|Featured, News|