The Business of Cannabis

Michigan Pot Strain 41 Percent THC? Skeptics Say That’s Impossible

Mar 5, 2025 | Feature, Great Lakes Region, Michigan

If THC potency had a sound barrier, a new Michigan marijuana strain should be named “Chuck Yeager.” Instead, it’s named Frogurt, produced by Endo, which operates grow facilities and a retail store in Adrian. Lab tests shared with MLive show the strain surpassed 41...

Study: Cannabis Prohibition Does Little To Impact Supply And Demand

Mar 5, 2025 | National

The goals of cannabis prohibition in addressing supply and demand are to 1) eliminate the availability of cannabis by punishing those who sell it with jail time and economic and social sanctions and 2) discourage cannabis consumption by making possession illegal and...

In January, Illinois Set A Monthly Record For Cannabis Sales

Mar 5, 2025 | Great Lakes Region

The Illinois Department of Financial and Professional Regulation announced recreational cannabis sales totals for January 2025 were the highest since the Illinois cannabis market was legalized. January 2025 sales reached $140,191,240.27, surpassing January 2024 totals...

If Michigan Road Taxes Need To Be Raised, Tisdel Would Prefer User Fees

Mar 5, 2025 | Feature, Great Lakes Region, Michigan

The Michigan House Finance Committee Chair could play a pivotal role in what portion, if any, of the state’s business taxes are steered toward fixing the roads. Those include the proposed 30 percent tax increase on Michigan cannabis sales as proposed by Gov....

Study: Hemp Insulation Viable, But Industry Needs Market Demand To Scale Up

Mar 5, 2025 | National

Hemp insulation has the potential to become a viable industry in the U.S., but its long-term success will depend on scaling up domestic production and increasing market demand, according to researchers at the Georgia Institute of Technology (Georgia Tech). The...