TerrAscend Contends It Overpaid For Gage Cannabis
The struggling Michigan market evaporated profits for Canada’s TerrAscend Corp., one of the world’s largest marijuana companies. The publicly-traded company recorded a $332.5 million loss in 2022, largely due to $311.1 million in...
More Americans Are Seeing Green
According to a Pew Research Survey conducted in October last year, nearly nine in ten adults (88%) say cannabis should be legal. Six in ten (59%) supported both medical and adult-use, while an additional three in ten (30%)...
Skymint Not The Only Michigan Cannabis Company In Receivership
The news of Green Peak Industries, which operates under the brand name Skymint and went into receivership earlier this month is the most notable of Michigan companies in receivership - at least four other well-known companies are...
Five Suspects In Bay County Marijuana Shop Burglary, Police Chase Charged With 27 Counts
Last week, five young men from downstate were arrested after allegedly burglarizing a Bay County marijuana store then leading police on a two-county chase. The pursuit ended after the alleged thieves’ crashed their stolen truck into a...
Angry Menominee Council Divided 6-3 On Marijuana Resolution
In an explosively charged meeting, the Menominee City Council voted 6-3 Monday on a resolution expressing the city council’s desire to pass an ordinance to authorize seven marijuana businesses in Menominee. Mayor Jean Stegeman, Donna...
Michigan Cannabis Sales In February Top $216 Million, Highest In Any Month During Past Year
Michigan legal cannabis sales in February reached $216.4 million, up 4.4 percent from January, and almost 40 percent from February 2022. February sales totals also were the highest for any month in the past 12. The data comes from the...
CRA Director Brian Hanna Updates Michigan Cannabis Regulations
Brian Hanna, Executive Director of the Michigan Cannabis Regulatory Agency, joins Four20 Post Live to answer questions about CBD sales, adult-use sales, and his prediction that medical marijuana sales will make a comeback in 2023. If you...
JARS Cannabis Completes Purchase Of Euflora
JARS Cannabis on March 14 announced it has completed its previously announced acquisition of Euflora, a premier collective of boutique recreational marijuana dispensaries in Colorado. With the addition of one greenhouse and six...
Canadian Investor To Keep Skymint Open Until Sold Or Restructured
Canadian-based cannabis lender SunStream Bancorp said it would keep existing Skymint employees and "certain key management" in place to keep Michigan's second largest cannabis retailer running before it is either sold or restructured....
Chase Hubbard Of The Jacobsen Featured On iHemp Hour March 16
Chase Hubbard of The Jacobsen joins iHemp Hour March 16 at noon. He will discuss the state of the industrial hemp industry streamed live on our website, LinkedIn page, Facebook page and YouTube. The Jacobsen has been reporting on...
