News and Information about the Business of Cannabis

Michigan Shuts Down Industrial Hemp Program That Now Reverts To USDA Control

GRAND HAVEN - Michigan has closed its industrial hemp program, leaving farmers to operate directly under the U.S. Department of Agriculture (USDA), and signaling potentially significant changes for hemp cultivators and processors in the state. Under USDA...

Detroit Could Restrict Cannabis And e-Cigarette Ads

Detroit City Council members passed a resolution Tuesday that documents the harms posed by e-cigarette and marijuana use among youth as the council prepares to restrict where these products can be advertised in the city. In Detroit, ads for alcohol and...

Fluresh To Close Michigan Cannabis Grow, Lay Off 46

Fluresh LLC is closing down its $46 million 105,000-square-foot grow facility in Adrian and will be laying off 46 employees at the end of this month. The company, doing business as Tend.Harvest.Cultivate, couldn’t make the economics of the operation work as...

Smell Of Pot Not Enough To Justify Search, Illinois Supreme Court Rules

Sep 25, 2024 | Great Lakes Region

The scent of cannabis smoke alone is not enough to justify a police search of a vehicle, the Illinois Supreme Court ruled Thursday. In a 6-0 ruling, the court found that cannabis laws in Illinois had evolved to the point that just catching a whiff of burnt weed is no...

Colorado Blames Cannabis Sales Decline Due To Maturing National Market

Sep 25, 2024 | National

The ongoing struggles of the oldest legal recreational marijuana market in the nation, Colorado, can be traced back to the successes of the cannabis legalization movement in other states, along with oversupply and market saturation, according to a report...

Cannabis Regulatory Agency Reminds Industry Of New Testing Requirement For MCT Oil Beginning October 1

Sep 25, 2024 | Feature, Great Lakes Region, Michigan

In June, Michigan’s Cannabis Regulatory Agency (CRA) issued a technical bulletin announcing that MCT (medium-chain triglyceride) oil will be added as a target analyte for marijuana vape cartridges as part of the Sampling and Testing Technical Guidance for Marijuana...

Understanding Cannabis-Related Taxes With The Michigan Department of Treasury

Sep 19, 2024 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency will feature Sarah Rusnell, outreach manager, with the Michigan Department of Treasury, Sept. 26 at 10 am in a zoom conference. Join Rusnell to learn about taxes related to the sale of cannabis in Michigan: sales tax, use tax on...

27% Of Older Michigan Adults Used Pot In Past Year, U-M Poll Contends

Sep 18, 2024 | Feature, Great Lakes Region, Michigan

More than a quarter of Michigan residents age 50 or older have used cannabis products containing the psychoactive component THC at least once in the past year, according to a new University of Michigan poll released Thursday. That's a higher percentage (27%) compared...

Michigan’s Cannabis Tax Revenue Declined In Q2

Sep 18, 2024 | Feature, Great Lakes Region, Michigan

The United States Census Bureau published its latest second-quarter data for cannabis tax revenue for states with a legal market. The East Coast markets saw the most increases, while the West Coast markets saw declines. Michigan reported a drop of 3.7% while still...

Marijuana Legalization ‘Significant Threat’ To Alcohol Industry, Analysts Contend

Sep 18, 2024 | National

Financial analysts say they expect the expansion of the marijuana legalization movement will continue to post a “significant threat” to the alcohol industry, citing survey data that suggests more people are using cannabis as a substitute for alcoholic beverages such a...

Feds Move To Take Rick Johnson’s 40-Acre Property To Satisfy Corruption Scandal Debt

Sep 18, 2024 | Feature, Great Lakes Region, Michigan

Federal prosecutors want to take 40 acres of hunting property owned by disgraced former Michigan House Speaker Rick Johnson to satisfy a debt he owes for pocketing more than $110,000 in bribes and rigging the state's marijuana industry. The U.S. Attorney's Office in...

How Can Cannabis Retailers Enhance Loyalty

Sep 18, 2024 | National

As a market matures, any market, several things happen. Products become more reliable and known, increasing brand loyalty. Dispensaries start offering these known brands because they want to maintain customer trust and loyalty. However, now that a consumer can go to...

Minnesota Native American Community Opens Hemp Fiber Processing Factory

Sep 18, 2024 | Great Lakes Region

A new hemp fiber processing facility opened by a Minnesota Native American community will need to source hemp crops from outside of tribal lands to make the factory operate efficiently, according to a project leader. Minnesota’s Lower Sioux Indian Community opened the...