Cannabis Companies Have Made a Deal With the Devil
Cannabis companies in the United States have engaged in tricky sale/leaseback arrangements with the nation’s largest provider of capital to the industry. Many of those leaseback loans have 16-year ironclad contracts which started at an outrageous interest rate- a rate...
Sons Of Norway Lodge To Become Marijuana Shop, Lounge And Grow Operation In Muskegon
A former Sons of Norway lodge soon will become a cannabis retail store, consumption lounge and grow operation. The former lodge at the corner of Harvey Street and Marquette Avenue on Muskegon’s north side recently was added to the city’s marijuana overlay district. It...
Michigan Marijuana Report Expanding Business-to-Consumer Focus
The Michigan Marijuana Report, focused on the business of Cannabis, has a very high readership among consumers of cannabis products and the companies that focus on retail customers. In order to provide even better information, the Report's Consumer Product Showcase...
Lume Cannabis Co. Celebrates One Year Of Adult-Use Sales With 20 Percent Basket Discount March 25
Lume Cannabis Co. is celebrating its one-year anniversary of adult-use sales at its Walled Lake store, Lume’s fourth store to open in Michigan last year. To thank customers for their loyalty over the past year, Lume is offering Walled Lake customers a 20 percent...
Adult-Use Marijuana Basket Composition Highlights Consumer Buying Trends In 2020
Many adult-use marijuana shoppers would rather stick with one type of product, such as flower or vape pens, when at the store than bring home a variety of cannabis goods, according to an analysis of customer basket compositions from 2020. Understanding the buying...
$1.9 Trillion Coronavirus Stimulus Package Offers Marijuana-Related Companies More Financial Options
Cannabis-related firms again face hurdles in qualifying for financial relief under the newly enacted $1.9 trillion coronavirus stimulus package, but the door has opened wider for hard-hit companies, especially small and economically disadvantaged businesses....
Canadian Cannabis Companies Cheer SAFE Banking Act Reintroduction In U.S. House
Canadian cannabis companies are cheering the reintroduction of the SAFE Banking Act to the U.S. House of Representatives today. The act proposes offering safe harbour to financial institutions like banks and insurance companies, who provide services to cannabis...
THC Delta 8 Is Totally Legal, For Now
The high you get from marijuana is due to a single cannabinoid called Delta-9 tetrahydrocannabinol, or THC. That’s the primary psychoactive ingredient in weed, as well as the primary target of regulators seeking to control its use. But the marijuana plant contains...
Recreational Marijuana Sales Increase In Mid-Michigan As Demographics Change
Just as recreational cannabis sales were starting to take off in the state of Michigan, the pandemic hit. The shutdown coming just over three months after the first three recreational licenses were issued. Mid-Michigan NOW's Lia Kamana spoke with a couple local...
Coming Soon: A Senate Bill To End Marijuana Criminalization
On February 1st, Senators Cory Booker, Ron Wyden, and Majority Leader Chuck Schumer released a joint statement declaring their intention to release a draft discussion bill outlining how best to legalize and regulate cannabis and cannabis commerce in a...
