Decoding Michigan’s Cannabis Boom – Record Sales Of $3B And $457M In Taxes In 2023
In an unprecedented surge, Michigan's cannabis industry hit a new milestone in 2023, with licensed dispensaries recording a staggering $3.06 billion in sales. This 25% increase from the previous year has not only boosted the local economy but also created...
Survey: 32% Of Cannabis Consumers Would Return To Illicit Market If Schedule III Limits Access
About one-third of cannabis consumers say that if the expected federal shift to Schedule III were to require prescription-based transactions at pharmacies instead of the well-established dispensary model, they would go back to relying on the illicit market. About...
New Study Finds That Dogs Given CBD Are Less Stressed On Car Rides
One of the most challenging aspects of dog ownership is finding ways to keep your dog calm during stressful situations, whether it be a car ride, a trip to the vet, or a high-activity day at the dog park. Pet parents often don’t want to resort to using anti-anxiety...
Marijuana Momentum Heats Up Across The US
We’re only a couple weeks into this year’s legislative season, and we’re already seeing a flurry of activity in state capitols nationwide. NORML is tracking dozens of cannabis-related bills in our Take Action Center. We have our eyes on legalization efforts in...
Another Cannabis Company To Exit Receivership Under New Owner
Another embattled Michigan cannabis company is likely going to end up in the hands of its lenders. Jackson-based Comco LLC, doing business as Comco Wellness, is being put on the auction block by a court-ordered receiver after nine months in Jackson County Circuit...
Marijuana Sales Boom In Dry January As People Drink Less Booze
Increasingly popular alcohol breaks like Dry January are buoying the emerging US cannabis market as more drinkers — especially younger ones — see marijuana as a healthier alternative. Emboldened by widening legalization in the U.S., cannabis sellers now actively...
Senate Democrats Urge Biden To Deschedule Marijuana Entirely
A group of 12 Senate Democrats on Monday urged the Biden administration to remove marijuana from the list of harmful drugs outlawed by the federal government, arguing that simply reclassifying it as less dangerous would be insufficient. Marijuana...
Michigan Cannabis Dispensary Gets $212,000 Fine After CRA Inspectors Find Pot In The Attic
Inspectors found a black garbage bag containing nearly 20 pounds of untagged, untracked marijuana in the attic of a marijuana shop in Tuscola County’s Vassar. That’s one of the seven violations Michigan marijuana regulators cited in a Jan. 25 statement announcing...
Cannabis Multi-State Operators Focusing On Wholesale Growth In 2024
Retail license caps in some states and limited capital are forcing marijuana multistate operators to focus on wholesale cannabis sales growth in 2024. “It certainly was a focus in ’23, and I think will become even more of a focus in ’24,” said Jamie Mendola, chief...
Tobacco Giant’s CA$124 Million Investment In Marijuana Producer Organigram Approved
Shareholders of Organigram Holdings Inc. approved tobacco giant British American Tobacco’s “transformational” investment in the Canadian cannabis producer, the company said following its annual general and special meeting. The deal, first announced last November,...
