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Colorado Blames Cannabis Sales Decline Due To Maturing National Market
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
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
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...
Inside The Thai Retreat With Cannabis-Infused Wellness Treatments That Target Insomnia And More
US cannabis edibles brand KANHA partnered with an award-winning luxury beachfront hotel on Thailand's Koh Samui Island, The Beach Samui. This partnership introduces a range of cannabis-infused treatments, aiming to enhance the guest experience and...
27% Of Older Michigan Adults Used Pot In Past Year, U-M Poll Contends
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
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
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
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
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
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...
