News and Information about the Business of Cannabis

Michigan’s Cannabis Industry In Race To The Bottom

A storm is brewing over Michigan’s once-vibrant cannabis industry. A green rush has turned into a relentless race to the bottom, leaving operators grappling with razor-thin margins and an uncertain future. The numbers are stark: Cannabis flower’s wholesale...

Detroit’s Psychedelic Healing Shack Up For Sale After Owner Harassed By City

The owner of the Psychedelic Healing Shack, a spiritual and wellness center that was raided by Detroit police last year, has put his Woodward Avenue property up for sale. Robert Pizzimenti, known to many as Dr. Bob, says the move is not because he wants...

Trump’s Tariffs Drive Up Costs And Prices For Michigan Cannabis Industry

While some companies and parts suppliers have stockpiled enough supply to not feel the effects yet, others are feeling the financial strain of the tariffs already. As the United States and China continue to increase tariffs on each other's goods, Michigan's...

If You Are Traveling To Colorado And Plan To Buy Cannabis Products, Think Again

Jan 29, 2025 | National

Justin Singer makes edible cannabis products in Colorado under the names Ripple and Ript, and over the years, he has become increasingly concerned about the state’s lack of enforcement of the industry and what that means for the safety of the marijuana supply. A...

Five States Most Likely To Legalize Marijuana In 2025

Jan 29, 2025 | National

As 2025 kicks off and state legislative sessions get rolling, marijuana legalization advocates are eyeing a handful of jurisdictions as key battlegrounds where they see the prospects of enacting reform this year as most likely. Pennsylvania and Hawaii are widely seen...

FBI Investigating Cannabis Corruption Allegations Against Pontiac City Officials

Jan 29, 2025 | Feature, Great Lakes Region, Michigan

FBI agents are investigating public corruption allegations involving current and former Pontiac city officials amid a grand jury probe that raises questions about whether bribery, conflicts and illicit cash have tainted Pontiac's attempts to launch a marijuana...

Man Burned After Explosion In Motel Bathroom While Trying To Extract THC From Cannabis

Jan 29, 2025 | Feature, Great Lakes Region, Michigan

A man was taken to the hospital early Friday morning after the butane gas he was using to try to extract THC from marijuana blew up in his face and started a fire in his motel room. Fire crews were called at 12:13 a.m. Jan. 24 to Americas Best Motel, 830 Royal Drive,...

CRA Shuts Down Albion-Based Hongrui Enterprises

Jan 29, 2025 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency stripped the marijuana grower licenses from an Albion operation under scrutiny from law enforcement. The CRA announced a consent order Jan. 23 against Hongrui Enterprises Inc. prohibiting the grower from operating in the state and...

Career Drug Warrior Named Acting DEA Administrator

Jan 29, 2025 | National

The Trump administration has named career special agent Derek S. Maltz as Acting Administrator of the US Drug Enforcement Administration. Maltz replaces former Administrator Anne Milgram, who departed the agency last week. Maltz worked within...

Washington Insiders Say It’s Unknown If Trump Will Seek To Reclassify Cannabis

Jan 29, 2025 | National

It “remains to be seen” how President Donald Trump will navigate marijuana policy in his second term, and it’s “unknown” whether the Drug Enforcement Administration (DEA) will finalize a proposed rule to reschedule cannabis, congressional researchers say in a new...

Sky Labs In Hot Water Again With CRA

Jan 29, 2025 | Feature, Great Lakes Region, Michigan

The Michigan Cannabis Regulatory Agency (CRA) has filed yet another formal complaint against Sky Labs LLC, an adult-use cannabis processor located in Mt. Morris, for its receipt and handling of more than one million grams (equal to 2,204 pounds) of product identified...

Pre-Rolls Will Be Available At Ohio Dispensaries This Year

Jan 29, 2025 | Great Lakes Region

Ohio dispensaries may soon be selling pre-rolled joints, per protocols released by the Ohio Division of Cannabis Control late last year. This evolution of the state’s recreational program would provide new and veteran consumers alike access to a highly sought-after...

Biggest Challenges For The Cannabis Industry In 2025

Jan 27, 2025 | Feature, National

The U.S. cannabis industry faces five major hurdles holding back its growth, even as sales are projected to reach a record $50 billion or more in 2025.1 Business of Cannabis. "What's on the Horizon for Cannabis in 2025?" While a final rule due later in 2025 from...