Redford Township Cannabis Licensing Turns Into 3-Week Campout For Applicants
In one of the last metro Detroit communities to open its doors to retail marijuana businesses, the process of applying for a license is a war of attrition. Dozens of eager applicants have been lined up day and night for three weeks...
Michigan Cannabis Market Hits Record Sales Amid Low Weed Prices And Rise In Cultivation Licenses
Michigan's cannabis market is experiencing a major transformation, with retail sales surging while flower prices continue to drop. As MJBizDaily reported, since the start of adult-use sales in December 2019, the average...
Ohio Adult-Use Sales Near $100 Million In First Two Months
According to the most recent figures from the Ohio Division of Cannabis Control, there have been just over $98 million in non-medical marijuana sales since they began in the state on August 6. Erick Rodriguez, vice president of...
Online Auction Oct. 25 For Skymint Receivership Property And Cannabis
Gene R. Kohut of Trust Street Advisors, as court-appointed receiver of Green Peak Industries (aka Skymint), will conduct an auction for the sale of cannabis equipment and/or personal property assets owned by Skymint, one of the largest...
Court Ruling Deals Blow To Michigan’s Cannabis Black Market And Could Lead To Higher Legal Prices
The Michigan Appeals Court effectively plugged a loophole in Michigan’s marijuana laws in a Tuesday ruling, unrestricting prosecutors' ability to pursue felony charges against individuals possessing and distributing large amounts of...
TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan
TerrAscend Corp. TSNDF cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset...
Last Chance To Participate In Jamie Cooper’s October HalloWEED Promo
Jamie Cooper has a couple more spots available to help drive consumer and wholesale awareness for your brand! Zapres Events is working on this month's drop for our High Hello Monthly Promotion, which will be HalloWEED themed and available...
Best Practices For Cultivators
The Cannabis Regulatory Agency (CRA) is dedicated to providing licensees the information needed to foster a transparent and consistent approach to compliance efforts throughout the harvest season. The Operations Support Section hosted a...
Ohio Cannabis Sales Eclipse $87 Million In Less Than Two Months
Profits from sales of recreational marijuana are in the tens of millions, the Division of Cannabis Control reports. As of September 28, sales of recreational marijuana were reported to have exceeded $87.1 million of the more than $2...
Cannabis And Treasury Tax Registration With Michigan Treasury
The Cannabis Regulatory Agency is hosting Sarah Rusnell, outreach manager, and Brandi Branson, MTO lead analyst, with the Michigan Department of Treasury. to learn about the Treasury registration process for cannabis businesses in...
