The Business of Cannabis

Cannabis REIT Buys MI Property for $6.2M, Inks Lease Deal with Holistic

Sep 3, 2020 | Great Lakes Region, Michigan

Innovative Industrial Properties, Inc. (NYSE: IIPR) has finalized the acquisition of a property in Michigan. The SanDiego cannabis REIT purchased the property — located at 29600 Stephenson Highway, north of Detroit — for $6.2 million, excluding...

New Michigan Legislation Boosts Cannabis Product Protections for Consumers

Sep 3, 2020 | Great Lakes Region, Michigan

Michigan’s Regulatory Reform Committee is set to hold a hearing on Tuesday over new legislation that would clear the air concerning consumer protections around cannabis products. SB 1057, introduced by Sen. Curt VanderWall, a Grand Rapids Republican, would amend...

ABKO Labs Offers High Tee Golf Outing To Michigan Cannabis, Hemp Businesses

Sep 3, 2020 | Great Lakes Region, Michigan

Amy Brown and Kirk Olbrich, co-owners of ABKO Labs, are producing a golf outing at Whitmore Lake Links on Sept. 27 to gather the Michigan cannabis and Hemp communities for good times outdoors. Former Detroit Red Wing Darren McCarty will make an appearance. More at...

Entrepreneur Creates Platform to Promote Cannabis Industry Diversity

Aug 31, 2020 | National

As more and more states begin to legalize recreational cannabis and expand the medical marijuana sector, many Americans are taking advantage of new entrepreneurial and business opportunities to cash in on the revenue. However, despite the new legal market, many Black...

Red White & Bloom Brands to Acquire Platinum Vape and PharmaCo of Michigan

Jul 29, 2020 | Feature, Great Lakes Region, Michigan

Less than a week after inking a $35 million agreement to purchase California-based cannabis company Platinum Vape, Toronto’s Red White & Bloom Brands (RWB) announced Monday plans to acquire Michigan’s PharmaCo Inc. In a news release, RWB said it had...