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hemp industry

White House Pushes To Delay Hemp Crackdown

LANSING – The Trump administration is urging Congress to reconsider a sweeping federal crackdown on hemp-derived cannabinoid products, offering a potential reprieve to Michigan and Ohio businesses that warned the proposal could devastate an industry created under the 2018 Farm Bill. The White House hemp crackdown delay marks a major shift in how Washington is

By |2026-07-07T09:20:27-04:00June 27th, 2026|Hemp, Marijuana Business, News|
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The Hemp Loophole Is Closing. Here’s What It Means For Michigan And Ohio Cannabis Businesses

ANN ARBOR - Michigan marijuana prices have fallen to some of the lowest levels in the country, with ounces commonly selling for $90 to $130. In Ohio, similar products often sell for $150 to $220 an ounce. Meanwhile, a multibillion-dollar hemp-derived THC industry has emerged outside the licensed cannabis system. Now that market may be

By |2026-06-02T15:49:58-04:00June 2nd, 2026|Marijuana Business, News|
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