The Business of Cannabis

Cannabis Franchise Signs Agreement for Michigan, Signaling Statewide Development Plans

Jun 2, 2021 | Great Lakes Region, Michigan

Unity Rd., the cannabis dispensary franchise from Item 9 Labs Corp. announced the signing of its newest agreement alongside expansion plans for the state of Michigan. The brand’s growth strategy is twofold, including both helping interested entrepreneurs enter the...

Cannabis Center of Excellence at Lake Superior State University Moves Further into the Vanguard With Its First Endowed Scholarship

Jun 2, 2021 | Feature, Great Lakes Region, Michigan

Trailblazing continues for the Cannabis Center of Excellence at Lake Superior State University. In 2019, the center opened as the first cannabis chemistry program in the nation. In April 2021, the center announced its first cannabis chemistry scholarship, an annual...

Price Per Milligram Of THC Declining In Cannabis-Infused Products

Jun 2, 2021 | National

The average price per milligram of THC in infused cannabis products such as beverages and edibles has declined steadily since January 2020, a likely sign of increased competition as marijuana markets mature. Noninhalable marijuana products vary by size, dosage and...

Veteran Marijuana Research Grant Program

Jun 2, 2021 | Feature, Great Lakes Region, Michigan

The Michigan Regulation and Taxation of Marihuana Act (Initiated Law 1 of 2018) was passed by the voters of the state of Michigan in November 2018 and, among other things, creates the Marihuana Regulation Fund in the state treasury and requires the Marijuana...

Amazon Endorses Federal Marijuana Legalization, Softens Drug-Testing Policy

Jun 2, 2021 | National

U.S. cannabis industry and federal lawmakers take notice: The nation’s second-largest company is embracing nationwide marijuana legalization. Online retail giant Amazon on Wednesday endorsed the U.S. House of Representatives’ federal marijuana reform bill...