Cannabis Vertical C3 Industries Gets $16M Investment For Grow In Connecticut
C3 Industries, a milti-state cannabis company headquartered in Ann Arbor, has received a $16 million investment in a grow facility in Connecticut. C3 also has operations in Illinois, Michigan, Missouri, Massachusetts and New Jersey. The investment was made by New Lake...
Fifth Dispo In Port Huron Gets Permit Approval
The fifth marijuana shop in Port Huron may be moving forward with plans to open just off Military Street on the southern edge of the city’s downtown. Portage Acquisitions LLC was one of seven entities awarded a host of provisional recreational and medical licenses...
SNDL Continues Skymint Purchase Despite Litigation
Canadian cannabis company SNDL Inc. (NASDAQ: SNDL) said May 1 its affiliate, SunStream USA, will proceed with the acquisition of equity stakes in U.S. multistate operators Parallel and Skymint, even as legal battles remain over the targeted acquisitions. SNDL said its...
Marijuana Taxes Funding 50-Acre Park With Swim Area In Jackson County Township
New playground equipment, kayak rentals, a swim area and little league playing fields are potential amenities that could be coming to a new Leoni Township park through marijuana tax funds. In December, the Leoni Township Board of Trustees purchased more than 50-acres...
Twenty Publicly Traded Cannabis Companies Lost More Than $2B In 2023 Despite Generating Nearly $9B In Revenue
Twenty of the largest publicly traded marijuana companies in the U.S. lost a cumulative $2.3 billion last year, and only one of them turned a profit. That’s despite the group as a whole pulling in more than $8.7 billion in revenues, according to analysis of public...
Marijuana Edibles, Vape Pens In Michigan Schools Prompt Calls For Reform
Six years after Michigan voters chose to legalize recreational marijuana, some education leaders are calling on the state to do more to combat use in schools. There's been an "alarming" rise in student consumption of pot edibles and use of vape pens, Detroit...
Next Cannabis Regulatory Agency’s Statewide Municipal Summit May 14
In response to the positive feedback from the Cannabis Regulatory Agency (CRA) ‘s statewide municipality summits and in keeping with its commitment to transparent communication with stakeholders, the CRA has announced the date and time for its next statewide municipal...
Dispensaries Could Make More Money If Feds Reclassify Cannabis To Schedule III, Write Off Advertising
Michigan marijuana shops could pocket more money as the U.S. Drug Enforcement Administration moves to reclassify marijuana as a less-dangerous drug. The change could exempt cannabis retailers from tax restrictions that eat into their profits. ...
June 3 – Buchanan – Michigan Cannabis Golf Association Scramble
The Michigan Cannabis Golf Association is kicking of the 2024 summer season with a scramble June 3 at Orchard Hills Country Club in Buchanan. Founder Rick Anstiss provides details in this video interview. This year marks the 5th season for the CGA, and Rick already...
Ric Flair Drip-Branded Cannabis Hits Michigan Dispensaries
Wrestling legend Ric Flair Drip-branded cannabis flower and edibles started hitting Michigan dispensary shelves on May 3. In this video interview, Carma CEO Adam Wilks talks about the product, the brand and his companies plans to sell Ric Flair Drip products...
