Report: World Cannabis Market Size To Reach $128.92 Billion By 2028
The global cannabis market size is expected to reach $128.92 billion by 2028, exhibiting an annual compound growth rate of 26.19 percent during the forecast period. Various research activities on genetic development and modification of the cannabis plant,...
Lansing Councilman Wants To Allow More Cannabis Businesses To Spur Economic Growth
An ordinance amendment from City Councilman Brandon Betz could expand the cannabis industry in Lansing next year by eliminating the cap on the number of marijuana growing facilities, microbusinesses and consumption lounges that are allowed to open within city limits....
Michigan Cannabis Sales Increase 66 Percent In November To $153 Million
With one less day than October, Michigan cannabis sales fell 6.6 percent to $152.7 million in November, up 66.1 percent from a year ago: The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 14 percent from a...
The Impact of Deruiter and Mansour on Patients & Caregivers
On July 17, 2018, the Court of Appeals published Deruiter v. Township of Byron, a watershed case for patient and caregiver rights. Then, two days later, the Court of Appeals published People v. Mansour, perhaps one of the most damaging opinions for patient...
Power REIT Ups Funding Of Michigan Marijuana Greenhouse To $25.6 Million
Power REIT finalized a lease amendment to fund additional upgrades to a marijuana greenhouse cultivation facility near Battle Creek. The Old Bethpage, New York-based real estate investment trust is adding an additional $4.1 million to the facility in Marengo Township,...
Lansing’s Skymint Brands Opens Cannabis Farm in Northern Michigan
Skymint Brands, a vertically integrated cannabis company based in Lansing, has established its Skymint Farms, a 200-acre sun grown cannabis farm in the Huron-Manistee National Forest. The farm will focus on regenerative farming, sustainable agriculture, premium...
Marijuana Wars: Violent Mexican Drug Cartels Turn Northern California Into ‘The Wild West’
Mexican drug cartels are muscling in on America's burgeoning multi-billion-dollar marijuana industry, illegally growing large crops in the hills and valleys of Northern California. The state legalized marijuana in 2016 for adult recreational use, yet the black...
Lume Adds Battle Creek Township As 29th Michigan Store
Lume Cannabis Co., backed by the Belle Tire Company, has opened its 29th store in Michigan, this time in Battle Creek Township, the ninth adult-use store in northern Michigan. “This has been a year of explosive growth for Lume Cannabis Co. and we’re ending the year on...
Michigan Adult-Use Centers Offer Free Prerolls and Cannabis Discounts In Exchange For Donating Toys For Holiday Giving
A couple of Michigan cannabis dispensaries are in the spirit of giving back with clothing and toy drives this holiday season. They’re also offering discounts, giveaways, and free prerolls to anyone who makes a donation. So get your Christmas trees (we're talking...
Fluresh Mentorship Program Aims To Diversify Michigan’s Cannabis Industry
There is a distinct lack of minority ownership and small businesses in Michigan’s cannabis scene. Detroit is especially screwed with a recreational marijuana ordinance that was supposed to give preference to life-long Detroiters and right the wrongs of a community...
