Hemp Industry Pushes Congress To Hold FDA Accountable With Hearing On CBD Regulation Inaction
A coalition of hemp industry organizations are calling on a House committee to hold a hearing addressing the ongoing lack of Food and Drug Administration (FDA) regulations for products made with constituents of the crop such as CBD. In a letter addressed to House...
Michigan Chamber Of Commerce Calls On Congress To Pass Marijuana Banking Bill, Citing Raft Of Retail Break-Ins
The Michigan Chamber of Commerce said last week that a rash of recent break-ins at legal marijuana retailers in the state underscores the need for federal cannabis banking reform, which the group says would reduce the risks of theft and fraud that stem from the...
Michigan Marijuana Sales Face Possible Slowdown In 2024 After Record 2023
The Michigan marijuana industry reached a new milestone in 2023: $3.08 billion in total sales. That’s $300 per man, woman and child. Despite 30% growth over the the $2.3 billion sold in 2022, insiders believe the market is increasingly saturated and headed for a...
Gage Cannabis’ Ferndale Property For Sale, But Dispensary Will Stay Put
The property housing Gage Cannabis’ flagship store in Ferndale is for sale. The more than 46,000-square-foot building on 1.52 acres at 1523 Academy Drive St. is on the market for $7.06 million, according to marketing from the property brokers Chicago-based Northmarq....
Illinois Cannabis Social Equity Program Infusers Facing Anti-Competitive Market Structure
According to information from the state, Illinois has issued 55 infuser licenses, with the first two granted in October 2022. However, as of January 4, only 10 infusers had received approval to operate. Social equity infusers are entering into and attempting to...
ANA Officially Recognizes Cannabis Nursing As A Specialty Practice
In a revolutionary development that reflects the ever-changing healthcare arena, cannabis nursing has earned official recognition as a specialized field in nursing. The American Nurses Association (ANA), a prominent organization advocating for the interests...
Product Review: Ray’s Infused Lemonade
Infused beverages are big in many states where adult-use cannabis is legal. Now one of those beverages is coming to Michigan in mid February. Ray's Infused Lemonade, in five flavors, will be on select dispensary shelves around Feb. 15, so says Anthony Freed, owner of...
Renewed Push For Marijuana Legalization In Indiana
Indiana Democrats and some Republicans will once again seek to pass legislation legalizing marijuana during the 2024 legislative session, which begins on Monday. Past attempts at liberalizing Indiana’s marijuana laws have proved fruitless. During last year’s...
Michigan December Cannabis Sales Nearly Top $280 Million, $3.08 Billion For 2023
Michigan December cannabis sales totaled $279.9 million, up 7.5 percent from November and 26.2 percent from December 2022, the Cannabis Regulatory Agency reported. For calendar year 2023, cannabis sales generated $3.08 billion. Considering the average cost of an ounce...
Illinois Marijuana Retailers Sold $2 Billion Worth Of Legal Products In 2023, Including Monthly Record In December
Illinois marijuana retailers set monthly sales records to close out 2023, selling $181.8 million worth of cannabis products during December, including a record $153.9 million in adult-use purchases. Sales of medical marijuana in December were at their highest since...
