Jan 18, 2020 | Great Lakes Region, Michigan
A Michigan cannabis company scheduled to open a hybrid greenhouse in February said the $20 million project would change the marijuana industry. Michigan Pure Med already had several Common Citizen retail stores, including one in Flint. The company said the investment...
Jan 18, 2020 | Feature, Great Lakes Region, Michigan
LANSING – With only a 10 percent excise tax on the sale of recreational marijuana, Michigan state officials are expecting a fairly substantial windfall in the next two years as the market, literally, lights up to the tune of $140 worth of product for every man, woman...
Jan 17, 2020 | Great Lakes Region, Michigan
ROYAL OAK – Jason Raznick, founder of Benzinga, a FinTech News organization, explains its origins, and why he decided to add Cannabis business coverage for his millions of readers...
Jan 17, 2020 | Great Lakes Region, Michigan
The Marijuana Regulatory Agency on Friday issued a health and safety advisory recall due to the sale of marijuana which failed safety compliance testing. All affected medical marijuana is required to have a label affixed to the container that indicates the METRC...
Jan 17, 2020 | Feature, Great Lakes Region, Michigan
Six weeks into the recreational marijuana business in Michigan, sales have exceeded $10 million. The high water mark of $10,090,446 in sales also means that $1,675,014 in revenues from a 10% excise tax and 6% sales tax flowed into state coffers. Michigan marijuana...