News and Information about the Business of Cannabis

As Michigan’s Cannabis Market Continues To Grow, Health Problems Grow With It

In the five years since Michigan legalized adult-use cannabis, the plant and its effects — positive and negative — have received increasing attention and mainstream acceptance. As cannabis has emerged from the shadows, more products have entered the market,...

Michigan Eclipses $10 Billion In Adult-Use Cannabis Sales Since Went Legal In 2019

Michigan licensed retailers sold $264.7 million in adult-legal cannabis in December pushing Michigan past the $3 billion annual sales mark for 2024, to $3.27 billion, the Cannabis Regulatory Agency reported. That represents a 9.9% increase from the $2.98...

Webinar: Navigating Wholesale Payment Challenges In The Industry With LeafLink

The Cannabis Regulatory Agency Webinar CRA is hosting on Jan. 16 featuring Matt Hutchinson, chief product officer of LeafLink, who will explain how to navigate wholesale payment challenges. According to Hutchinson, there are endless factors separating the...

Army Bans Delta-8 THC Hemp Products And Warns Soldiers Against Eating Poppyseed Bagels

Oct 23, 2024 | National

The U.S. Army has updated its drug policy to clarify that soldiers are prohibited from using intoxicating hemp cannabinoid products like delta-8 THC. It is further cautioning servicemembers against eating foods containing poppyseeds, which can produce false positives...

DeSantis Battles Former Republican Allies Over Florida’s Cannabis Legalization Push

Oct 23, 2024 | National

Florida Gov. Ron DeSantis (R) is in a high-stakes political battle against yet another political ally, Jeff Roe, over the ballot initiative to legalize recreational marijuana, known as Amendment 3. Roe, a well-known GOP operative, ran the...

Legal Cannabis Often Contains Mold, But Most States Approve It Anyway

Oct 22, 2024 | National

Marijuana’s humid growing conditions are a paradise for dangerous mold. States wheremarijuana is legal make growers hire laboratories to check for concentrations of mold and othercontaminants that can sicken or kill. But laboratories in many states appear to...

EU Investigating Why Italian Government’s Is Trying To Ban Hemp Flowers, CBD

Oct 22, 2024 | International

The European Commission has opened an investigation into efforts by the Italian government to halt trade in CBD and hemp flowers. Italian Member of the European Parliament (MEP) Valentina Palmisano of the M5S party confirmed the Commission will issue an...

Adult-Use Cannabis Sales In Ohio Through Oct. 6 Top $109.5 Million

Oct 22, 2024 | Great Lakes Region

Ohio adults aged 21 and older purchased $11.1 million in recreational marijuana product from Oct. 6 through Saturday, pushing sales figures above the $100 million mark. Dispensaries have rung up a total of 1.4 million transactions totaling $109.5 million since...

Detroit City Council May Ban Cannabis Ads Near “Sensitive Properties”

Oct 20, 2024 | Feature, Great Lakes Region, Michigan

Detroit City Council is likely to consider restrictions on marijuana advertisements in the city. Council member Angela Whitfield Calloway is leading the proposed changes to city code that would prohibit marijuana advertisements from being within a 1,000-foot...

Army Bans ‘Increasingly Problematic’ Delta-8 THC In New Drug Policy Update

Oct 17, 2024 | National

The U.S. Army has updated its drug policies to crack down on the use of delta-8 THC, a synthetic form of THC made from hemp-derived CBD. The new policies aim to reduce the misuse of substances, including delta-8 THC, which the Army previously described as...

MDARD To Send The Industrial Hemp Program Back To USDA

Oct 17, 2024 | Great Lakes Region, Michigan

Michigan House Bill number 5977 would change the Industrial Hemp Program for Michigan growers. However, it does not change the requirements for Industrial Hemp Processors. While the wording in this Bill does not state the request to abolish the Michigan Industrial...

Pro-Cannabis Senators’ Seats At Stake In Upcoming Election Could Affect Future Of Cannabis Legalization

Oct 16, 2024 | National

Cannabis legalization continues to gain momentum across the U.S., with states like Minnesota, Delaware and Ohio embracing recreational in 2023 and 2024, while Florida prepares to vote on a similar measure in November. Despite widespread public...

Michigan Court Rules Marijuana Dealers Can Face Harsher Sentences Than Illegal Growers

Oct 16, 2024 | Great Lakes Region, Michigan

People committing similar large-scale marijuana crimes face very different penalties in Michigan. Dealers are eligible to serve up to 15 years in prison, while illegal growers of any size may only be charged with a misdemeanor, the state Court of Appeals clarified...