The Business of Cannabis

Cannabis Companies Have Made a Deal With the Devil

Mar 29, 2021 | Guest Post, National

Cannabis companies in the United States have engaged in tricky sale/leaseback arrangements with the nation’s largest provider of capital to the industry. Many of those leaseback loans have 16-year ironclad contracts which started at an outrageous interest rate- a rate...

Sons Of Norway Lodge To Become Marijuana Shop, Lounge And Grow Operation In Muskegon

Mar 28, 2021 | Feature, Great Lakes Region, Michigan

A former Sons of Norway lodge soon will become a cannabis retail store, consumption lounge and grow operation. The former lodge at the corner of Harvey Street and Marquette Avenue on Muskegon’s north side recently was added to the city’s marijuana overlay district. It...

Lume Cannabis Co. Celebrates One Year Of Adult-Use Sales With 20 Percent Basket Discount March 25

Mar 24, 2021 | Feature, Great Lakes Region, Michigan

Lume Cannabis Co. is celebrating its one-year anniversary of adult-use sales at its Walled Lake store, Lume’s fourth store to open in Michigan last year. To thank customers for their loyalty over the past year, Lume is offering Walled Lake customers a 20 percent...

Adult-Use Marijuana Basket Composition Highlights Consumer Buying Trends In 2020

Mar 24, 2021 | National

Many adult-use marijuana shoppers would rather stick with one type of product, such as flower or vape pens, when at the store than bring home a variety of cannabis goods, according to an analysis of customer basket compositions from 2020. Understanding the buying...

$1.9 Trillion Coronavirus Stimulus Package Offers Marijuana-Related Companies More Financial Options

Mar 24, 2021 | National

Cannabis-related firms again face hurdles in qualifying for financial relief under the newly enacted $1.9 trillion coronavirus stimulus package, but the door has opened wider for hard-hit companies, especially small and economically disadvantaged businesses....