UP Counties And Municipalities Receive $3.4M From Adult-Use Marijuana Distribution
Marquette County leads the U.P. with 13 licenses and $702,222.30 in distributions. But County Board Chair Joe Derocha says that’s about a 21% decrease from two years ago. “Perhaps the 24% sales tax that the legislature has enacted on the industry, I suspect that’s a...
Cheech And Chong’s Global Holding Company Partners With Breakthru Beverage Group To Expand Hemp THC Beverage Distribution
By pairing Cheech & Chong's culturally iconic brand with Breakthru's extensive retailer network and distribution infrastructure, the companies aim to bring trusted products to more shelves and more adult consumers seeking new ways to socialize and unwind. "We've...
Is Wisconsin Losing Millions To States Where Cannabis Is Legal?
Cannabis isn’t legal in Wisconsin, so residents are purchasing it in states where it is, generating tax money for those states. Wisconsin borders three states with legal recreational cannabis: Michigan, which legalized it in 2018; Illinois, which legalized it in...
What Changes In Michigan Marijuana Taxes Could Mean For Ann Arbor
Declining marijuana tax revenue may mean less money for social services in Ann Arbor. Marti Praschan, the city’s chief financial officer, raised the issue at a City Council budget work session Monday night, March 23, discussing changes with Michigan marijuana taxes...
Cannabis Biz Could List On Stock Exchanges Under New Congressional Bill
Reps. Guy Reschenthaler (R-PA) and Troy Carter (D-LA) filed a bipartisan bill that would let state-legal marijuana businesses list on stock exchanges like Nasdaq and NYSE—and more broadly shield companies from being punished for providing financial, accounting,...
Swiss Cannabis Experiment Yields Positive Results After 3 Years
The cannabis experiment in one of the Swiss cantons is showing positive results three years after its launch, highlighting the need to reconsider the national cannabis policy. The Swiss canton of Basel-Stadt published today the results of its cannabis...
Boston: Lawmakers Skeptical About Rolling Back Recreational Marijuana Law
Lawmakers cast a skeptical eye Monday towards a ballot initiative that would essentially undo 2016’s vote to legalize marijuana, an idea the one supporter who testified framed as a matter of comfort. Massachusetts voters legalized recreational cannabis through a 2016...
Cannabis Compounds Could Help Treat A Common Liver Condition That Affects Nearly A Quarter Of US Adults
NAFLD, also known as metabolic dysfunction-associated steatotic liver disease (MASLD), is a common condition that the US National Institute of Diabetes and Digestive and Kidney Diseases estimates affects about 24 percent of US adults. It is strongly linked to obesity,...
New York Approves Cannabis For Anxiety — Science Says It May Not Help
He was 18, on a rooftop overlooking the Old City in Israel during a gap year program. The nighttime view, ancient stone buildings lit up against the dark, pulsed and blurred. His anxiety, the shapeless dread of an uncertain future, lifted for the first time he could...
Virginia Lawmakers Who Sponsored Marijuana Sales Legalization Bill Celebrate Its Passage
Five years after Virginia legalized possession of small amounts of marijuana but failed to create a way for people to legally buy it, state lawmakers last week approved legislation establishing a regulated retail market for adult-use cannabis, potentially ending years...
