The Business of Cannabis

Lapeer Homeowners Urge City To Take Action To Stop Oder From Nearby Cannabis Grow

May 15, 2024 | Feature, Great Lakes Region, Michigan

Residents of Lapeer are expressing growing concern over the pervasive smell of cannabis emanating from a local grow facility. At a recent Lapeer City Commission meeting, former judge Mike Higgins, now a resident of Andrews River Estates, voiced these concerns on...

Marijuana Hospitalizing Michigan Kids At Worrisome Rate After Legalization

May 15, 2024 | Feature, Great Lakes Region, Michigan

In the five years since Michigan voters approved recreational pot, cannabis culture has engulfed everyday life, especially in Detroit. Billboards promising speedy weed delivery are everywhere. So too is a distinct skunky smell that lingers on streets, alleyways, and...

With Cover Of Rescheduling, MSOs Already Trying To Seize 280E Tax Savings

May 15, 2024 | National

Publicly traded cannabis companies are looking to their tax returns to save tens of million of dollars this year – and possibly recoup taxes paid in previous years. Another spate of announcements from multistate operators that have begun amending their federal returns...

DEA: Average THC Potency Of Illicit Marijuana Flower Is 16 Percent

May 15, 2024 | National

The 16% potency is an increase of 29% from 2021, according to the DEA. “The potency of THC in leafy marijuana is at an all-time high, increasing the potential risk of negative effects on users of any form of the drug, and on children who may consume edibles made with...

Poll: Majority Of Americans Have Tried Marijuana And Say It Should Be Legal

May 15, 2024 | National

Most adults acknowledge having consumed cannabis and six in ten say that the substance should be legal nationwide, according to survey data provided by YouGov. Fifty-seven percent of respondents said that they had consumed cannabis during their lifetimes. Of...