Congressional Research Service Notes Hemp Industry’s Recent Decline Amid FDA Inaction On CBD Rules
A new report from the Congressional Research Service (CRS) offers an overview of challenges facing the nation’s hemp industry as lawmakers work to craft a regulatory framework for the lawful marketing of CBD products amid ongoing inaction by the Food and Drug...
Cannabis Tax And Sales Update: Insights From Maryland, Michigan, Illinois And Colorado
Michigan’s Cannabis: $1.7 Billion in 7 Months, Legal Sales Soar Turning to Michigan, the state has solidified its position as the top marijuana market in the country, boasting a staggering $1.7 billion in sales during the first seven months of this year...
Stiiizy Celebrates First Anniversary In Michigan With Freebies, Deals, Product Drops
Stiiizy, the popular cannabis brand that opened its first dispensary in Michigan last year, is celebrating its one-year anniversary in Ferndale with giveaways, deals, prizes, product drops, and some free grub this weekend. The celebration will take place...
THURSDAY: CRA Education Session: Creating A Culture Of Compliance With ICS Consulting
Learn how compliance is integrated into all aspects of licensed cannabis operations and how it is critical to success in the marketplace, during the Cannabis Regulatory Agency's Thursday Virtual Update. Germano will discuss the best practices and compliance strategies...
With No Other Bidders, Tropics Wins Right To Buy Skymint Pending Court Approval
Skymint’s primary lender, Tropics, LP, submitted the winning bid to purchase Skymint at the Aug. 8 auction held by the Receiver Gene Kohut, according to Kohut in an interview with Four20Post.Com. A hearing before Ingram County Circuit Court Judge Joyce Draganchuk...
Ann Arbor May Allow Marijuana Dispensaries To Extend Hours To Midnight
Ann Arbor officials are now rethinking the city’s 9 p.m. limit on hours of operations for dispensaries. A city ordinance change awaiting approval would allow cannabis sales to continue an extra three hours — until midnight. City Council voted 10-0 to give its initial...
Marijuana Grower Sentenced To Prison For Killing Intruder, Burning Body
Former medical marijuana grower Kent Hyne will spend the next seven to 15 years in prison for killing a man who trespassed on his grow operation then burned his body in an attempt to conceal the man’s death. Washtenaw County Trial Judge Darlene O’Brien sentenced Hyne...
Michigan’s Cannabis Industry Top Market Per Capita In Nation
Michigan is now the top marijuana market in the country — based on per capita spending. Through the first seven months of the year, Michigan's marijuana industry sold $1.7 billion worth of product ($58.8 million in medical marijuana and $1.644 billion in...
Medical Marijuana Pioneered Legal Cannabis In Michigan But Now Sales Lowest Since Inception
Michigan's medical marijuana industry is wilting. The portion of the cannabis business that stood up legal weed in the state is now at its lowest point since its inception in 2008, according to data from the Cannabis Regulatory Agency. Sales crept to just $6.14...
UCLA Scientists Uncover the Truth About Cannabis Products Containing HHCs
UCLA chemists develop method for producing a form of the substance that acts more predictably and consistently. In the fast-growing marketplace for recreational marijuana and related products, products containing cannabinoids called HHCs are gaining...
