Cannabis Beats Booze, Says Report
A new report from TD Cowen analyst Vivien Azer said legal cannabis is driving consumers away from alcohol. The long time cannabis equity analyst wrote: “Alcohol sales in legal cannabis states have underperformed by 100-150 bps over the past five years. With $29...
Trend Of Distressed Michigan Dispensaries Closing Without Paying Vendors
A trend has begun in the Michigan marijuana community of financially strapped dispensaries closing up shop quietly without paying off sizable debts, leaving vendors with little recourse but to try and sue. According to MLive.com, “cut-and-run” situations where...
Michigan Cannabis Sales Decline Slightly In November For Fourth Month In A Row
Michigan cannabis sales in November totaled $260.5 million, down less than 1 percent from October, but representing the fourth consecutive month sales have declined. The good news is sales rose 28 percent from November 2022. Adult-use sales were up 35.2 percent from a...
Where Can You Buy Cannabis In Ohio?
Recreational marijuana is legal in Ohio as of Dec. 7, but when and where you can buy it remains up in the air. Voters approved an initiated statute last month, known as Issue 2, that allows adults 21 and older to use and grow cannabis. The measure's passage made...
Serious Signs That You’re Allergic To Marijuana
With more and more states legalizing the use of marijuana in the U.S. and people turning to it as a form of anxiety relief and recreational drug, the daily use of cannabis was higher than ever before in 2022, according to the National Institute on Drug...
Skymint To Shut Down Lansing Grow Operations
Skymint, the embattled marijuana operator being acquired out of receivership, is shuttering its growing and processing plant near Lansing. The company plans to close the 56,000-square-foot Harvest Park facility at 10070 Harvest Park in Dimondale outside of...
CRA Holds Education Session to Promote New Social Equity Grant Program
In order to further the goals and objectives of the new Social Equity Grant Program, the Cannabis Regulatory Agency held and posted an education session on its website regarding the newly announced grant program, CRA said in a press release. The education session...
Cannabis Regulatory Agency Takes Disciplinary Action Against Licensees Throughout The State
The Cannabis Regulatory Agency has issued its November 2023 Disciplinary Action Report against medical and adult-use cannabis companies that have received disciplinary action. Disciplinary actions are listed below: Kalkaska 42 Degrees Processing, LLC, AU-P-000115 (1),...
MIOSHA Creates Program To Protect Cannabis Employees Health
Since the legalization of cannabis for recreational use and the implementation of the licensing system for growers, processors, and retailers, Michigan has over 1,000 growers, 228 processors, and 1,040 dispensaries. To help protect the health and safety of those...
Common Citizen’s ‘Happy Highly-Daze’ Holiday Specials Feature 12 Days Of Savings
From Dec. 12 through Dec. 23, Common Citizen is offering a Holiday Buy One, Get One free promotion at Common Citizen Highly Loyal Club retail partners LIV Cannabis, Pure Lapeer Canna and Xplore Cannabis. It’s all part of “Happy Highly-daze,” Common Citizen’s...
