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
WASHINGTON DC - A narrow federal window is opening that could reshape the future of the U.S. cannabis industry—and Michigan companies may have just weeks to decide whether to take part. The Drug Enforcement Administration has launched a new registration process for medical marijuana businesses, creating what some industry attorneys describe as a rare opportunity
DETROIT - Doghouse Farms, a grow operation on Detroit’s east side, received the license and soon will be selling marijuana on the recreational market. The business invested roughly $4 million in a 25,000-square-foot cultivation facility that it hoped would be able to grow for the adult-use market long before this, MJBizDaily reported. Michigan launched recreational
LANSING - The purpose of this bulletin is to amend the process by which applicants approved for a license under the Medical Marijuana Facilities Licensing Act (MMFLA) or the Michigan Regulation and Taxation of Marijuana Act (MRTMA) may receive their license from the Marijuana Regulatory Agency (MRA). As of March 9, licenses are effective upon
LANSING - During the first two weeks of December, residents bought more than $3 million worth of marijuana at recreational retailers, which provided $515,051 in tax revenues, the state said Tuesday. The second week of sales totaled $1.47 million and resulted in $147,371 in excise tax revenue and $97,265 in sales tax revenue, the Marijuana
ANN ARBOR - Michiganders may be flocking to Ann Arbor Dec. 1st The State of Michigan has now issued 3 licenses for shops where you can purchase marijuana products! Mlive has reported that both new licensees stated their focus has been and will remain medical patients. Bartek Kupczyk, the newly appointed director of retail sales at Greenstone informed
LANSING - The state continues to receive applications from businesses seeking to get in on the recreational pot market after it opened Nov. 1. As of Monday, the state received 43 applications for prequalification and 34 applications for state licenses, up from 34 and 18 on Friday, respectively. Of the state license applications, 16 are
