Blake’s Hard Cider, Pleasantrees Look To Dominate THC Beverage Market
Michigan’s marijuana market is among the biggest in the nation — sales averaged more than $300 per capita last year on more than $3.05 billion in total sales, the most of any legalized state. But it’s not top shelf in THC beverages, a growing market segment...
New Mexico Governor Presses Biden Official About Spike In Federal Marijuana Seizures From Licensed Businesses
The governor of New Mexico spoke with the head of the U.S. Department of Homeland Security (DHS) this week and expressed concern about a recent surge of Border Patrol seizures of marijuana from state-licensed businesses, Marijuana Moment has learned exclusively....
Myndset Herbs Pledged To Be Powered With Clean Energy, Receives Financial Rebate For Energy Efficiency
Myndset Herbs in Lawrence, Michigan, anounced it will be the one of the first cannabis operations in the United States making a commitment to be powered 100% with clean energy. The carbon-neutral pledge comes through a partnership with Consumers Energy’s Renewable...
Demise Of High Times Leaves Trail Of Unpaid Bills And Unhappy Investors
The receiver for ExWorks, the company that lent High Times Chairman Adam Levin money to buy the business, has appointed Kevin Singer of Receiver Specialists to oversee the sale of High Times’ assets to settle outstanding debts. High Times and Levin used several...
Big 4/20 Sales Keeps Michigan Cannabis Industry On $3 Billion Plus Record Pace
The unofficial 4/20 holiday proved fruitful for Michigan’s marijuana industry. Operators in the state reported more than $28.5 million in weed sales last Saturday, up 32% from last year’s total of $21.6 million on the day, according to data from the Michigan...
New Buffalo Stops Taking Dispensary License Applications
When the township of New Buffalo decided to allow recreational marijuana dispensaries in areas surrounding the city, they figured there’d be strong interest. What they hadn’t banked on was how much. The township opened the application process for licenses in April...
Software Crash Hits Michigan Dispensaries On 4/20
Business was humming on Saturday at Bazonzoes' three marijuana dispensary locations. Hundreds were in line to take advantage of the retailer's large 42% discount to celebrate the 4/20 holiday. Then it all started to fall apart as Bazonzoes’ point-of-sale system,...
Report: Cannabis Industry Employs More Than 440,000 Full-time Workers
DENVER –The state-licensed cannabis industry added over 23,000 new jobs in 2023 and now employs over 440,000 full-time workers, according to data compiled by Vangst and Whitney Economics. Michigan, ranked second in job growth, had 46,746...
Sturgis OK’d New Cannabis Business Plan
A site plan for a prospective cannabis product retail store was unanimously approved Tuesday by the Sturgis Planning Commission. The request was brought to the table by EAC Industries LLC officials, who are looking to renovate and improve the property located at 1640...
Michigan Communities Raking In Benefits Of Legalized Cannabis
As cannabis sales continue to hit new highs in Michigan, communities that embraced legal weed are reaping the rewards with an influx of jobs, tax revenue, community benefits, and renovated buildings. The cannabis industry has seen tremendous growth since the...
