The Business of Cannabis

Israel Approved To Export Medical Cannabis

May 27, 2020 | National

Israel announced its approval for exports of medical cannabis, meaning that sales outside of the country can now commence. The nation expects to earn millions in revenue from this move.  “This is a significant step for exporters and the Israeli industry, which...

Portage Passes Adult-Use Marijuana Biz Regulations

May 27, 2020 | Feature, Great Lakes Region, Michigan

The sale of recreational marijuana has been approved in Portage after the city council passed an ordinance regulating its sale on Tuesday, May 26. During the virtual meeting, the council voted 6-1 to amend the ordinance allowing medical marijuana provisioning centers...

High Times’ Deal To Buy Cannabis Grow, Processing Facilities Falls Apart

May 27, 2020 | National

High Times Holding Corp.’s move to expand into marijuana operations hit a snag with the collapse of a deal to buy a cultivation and processing business in California. The parent of the iconic High Times magazine said in a U.S. Securities and Exchange...

Recreational Marijuana Sales Top $100 million

May 25, 2020 | Feature, Great Lakes Region, Michigan

Michigan’s recreational marijuana industry last week surpassed $100 million in total sales since the retail industry became legal last December.     Recently, state regulators expanded a program to help people with marijuana convictions get a...

Michigan Marijuana Industry Changed, But Thriving Amid Coronavirus Pandemic

May 25, 2020 | Feature, Great Lakes Region, Michigan

You can’t currently walk into a Michigan marijuana shop and peruse the shelves, but that hasn’t stopped product from flying off them. Close to $1 million a day in marijuana flower, vaping oil and edibles is still being sold, despite coronavirus restrictions that limit...