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Whitney Economics

Ohio Hemp Court Fight Mirrors Growing Pressure On Michigan Hemp Market

COLUMBUS - An Ohio courtroom battle over hemp-derived cannabinoid products is highlighting a much larger national fight that increasingly mirrors what businesses in Michigan’s hemp and cannabis industries say they are already facing. At issue is Ohio Senate Bill 56, a law that sharply restricts hemp-derived THC products including gummies, beverages, tinctures and vape products

By |2026-05-09T19:31:13-04:00May 9th, 2026|Hemp, Marijuana Business, News|
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Analysis: State-Legal Cannabis Sales Top $30 Billion in 2024

DETROIT - Sales of state-licensed cannabis products totaled $30.1 billion in 2024, according to data compiled by Vangst Staffing and Whitney Economics. This total represents a 4.5 percent increase year-over-year. Analysts expect sales to top $34 billion in 2025. Certain states – including New York, Mississippi, and Ohio – also experienced a significant increase in full-time cannabis-related job growth

By |2025-05-26T18:52:23-04:00May 23rd, 2025|Featured, Marijuana Business, News|
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