The Business of Cannabis

Skymint Not The Only Michigan Cannabis Company In Receivership

Mar 22, 2023 | Feature, Great Lakes Region, Michigan

The news of Green Peak Industries, which operates under the brand name Skymint and went into receivership earlier this month is the most notable of Michigan companies in receivership – at least four other well-known companies are struggling. According to...

$80 Ounces In Michigan, $4 Grams In Oregon – How Low Can Marijuana Industry Go?

Mar 22, 2023 | National

The 2023 Recreational Marijuana Supply and Demand Legislative report from the Oregon Liquor and Cannabis Commission states that per-gram cannabis prices in Oregon have decreased by 16% from the previous year, reaching an all-time low of $4. According to the OLCC,...

Five Suspects In Bay County Marijuana Shop Burglary, Police Chase Charged With 27 Counts

Mar 22, 2023 | Great Lakes Region, Michigan

Last week, five young men from downstate were arrested after allegedly burglarizing a Bay County marijuana store then leading police on a two-county chase. The pursuit ended after the alleged thieves’ crashed their stolen truck into a civilian’s vehicle, then were...

Kids Taken From Family Following Marijuana Arrest Remain In Tennessee State Custody Following Hearing

Mar 22, 2023 | National

Five children taken from a Black family after a traffic stop in Coffee County will remain in the custody of the Department of Children’s Services following a hearing in juvenile court on Monday. Bianca Clayborne and Deonte Williams were pulled over by the...

Angry Menominee Council Divided 6-3 On Marijuana Resolution

Mar 22, 2023 | Great Lakes Region, Michigan

In an explosively charged meeting, the Menominee City Council voted 6-3 Monday on a resolution expressing the city council’s desire to pass an ordinance to authorize seven marijuana businesses in Menominee. Mayor Jean Stegeman, Donna Marineau and Michael DeDamos voted...