News and Information about the Business of Cannabis
Michigan Pot Sales In March Reverse 3-Month Decline, Up 14.5 Percent Since February
Michigan cannabis sales recovered in March posting $276.95 million in sales, up 14.5% from February, according to newly released data from the Michigan Cannabis Regulatory Agency. Sales growth occurred in all sales categories, but the biggest gainer was flower. The...
Gaylord And Traverse City To Invest Cannabis Excise Tax Dollars In Their Towns To Cut Taxes, Expand Services
Lawmakers passed the Michigan Regulation and Taxation of Marihuana Act (MRTMA) in 2018. Through the act, local cities collect a 10 percent Marihuana Retailer’s Excise Tax and a 6 percent sales tax on retail marijuana sales. This year, the Michigan Department of...
CRA Contingency Planning: Steps To Take If A Power Outage Occurs
The CRA is aware licensees may experience prolonged power outages after a severe weather event and advises licensees to have the below emergency protocols in place. The Medical Marijuana Facilities Licensing Act (MMFLA) and the Michigan Regulation and Taxation of...
CRA Advice On 4/20 Activities And Promotions
In light of this week’s 4/20 activities and promotions, the CRA reminds licensees of a few pertinent issues: Giveaways are permitted but need to be tracked in the statewide monitoring system to ensure that a patient or consumer is not over their allowed transaction or...
Michigan’s Cannabis Regulatory Agency Announces Next Statewide Municipality Summit in May
In response to the positive feedback from the statewide municipality summits held by the Cannabis Regulatory Agency (CRA), and in keeping with its commitment to engage in transparent communication with stakeholders, the CRA has announced the date and time for its next...
Analysis: Legalization Has Significantly Displaced Canada’s Illicit Cannabis Market
Legalizing the adult use marijuana market in Canada led to “immediate” and “sustained” declines in illicit market cannabis sales, according to data published online in the International Journal of Drug Policy. Researchers affiliated with McMaster...
Congressional Hearing On FDA And CBD Focuses On Intoxicating Hemp Products Instead
A congressional hearing meant to address the Food and Drug Administration’s (FDA) handling of non-psychoactive CBD turned into a discussion about intoxicating hemp products and health fears – and reflecting the ongoing power struggle between the hemp and marijuana...
Ag Marvels Offering Contracts For CBD-Grown Hemp For Oil For 2025
iHemp Michigan announced in its newsletter that Ag Marvels is fronting seeds to growers (no upfront money needed to buy the seeds and get started); the cost of the seed will be deducted from the purchase price. Growers do not have to plant Ag Marvels’ genetics....
Ohio Republican Lawmakers Seek To Change Voter-Approved Pot Laws
Ohio Republican politicians are offering new proposals to change Ohio’s recreational marijuana law enacted by voters in 2023. Their plans would alter many parts of the law—approved by 57 percent of voters that November—and range from lowering potency levels to...
Michigan 7 Leaf Cannabis Awards
Get ready for the 2nd Annual Michigan 7 Leaf Cannabis Awards! We are beyond excited to return and honor the remarkable professionals, companies, and innovations shaping Michigan's cannabis industry. This year's event features 17 prestigious categories that...
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