The Business of Cannabis

MRA Chief Says Michigan Marijuana Market Has $3 Billion Potential

Aug 19, 2020 | Feature, Great Lakes Region, Michigan

The legalized cannabis market in Benzinga’s home state of Michigan is “growing exponentially,” and the COVID-19 pandemic hasn’t prevented new businesses from entering the market, according to Michigan’s top marijuana regulator. Andrew...

More Recreational Marijuana Options Could Come To Michigan This Fall

Aug 19, 2020 | Great Lakes Region, Michigan

An influx of new recreational marijuana businesses could be coming to Michigan some time after Nov. 1. If that happens, marijuana customers may see lower prices and a greater selection of recreational marijuana. It could also push medical marijuana shoppers, who play...

Trump Voices Concern That Putting Marijuana On The Ballot Makes Republicans Lose

Aug 18, 2020 | National

President Trump on Monday urged Republicans not to place marijuana legalization initiatives on state ballots out of concern that it will increase Democratic turnout in elections. The president, who has rarely weighed in on cannabis policy without being prompted, said...

Growing Belushi: Cannabis Farming TV show Debuts Aug. 19 On Discovery Channel

Aug 18, 2020 | National

Jim Belushi’s new Cannabis Farming TV Show debuts on the Discovery Channel on Wednesday, August 19, 2020 at 10:00 p.m. EST. The actor, musician and now legal cannabis farmer is combining his talents to show the world his learning experience...

Chart: Adult-Use Cannabis Sales Remain Steady As Unemployment Bonus Ends

Aug 18, 2020 | National

Though the U.S. government’s temporary lifeline to tens of millions of unemployed workers expired, sales of recreational marijuana products have proved resilient. The $600-a-week unemployment benefit ended July 31, and Congress failed to pass an extension before...