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News and Information about the Business of Cannabis

Receiver Appointed For Red White & Bloom Cannabis

A Michigan circuit court has appointed a receiver for the assets of PharmaCo, a property of Canada-based cannabis multistate operator Red White & Bloom Brands. PharmaCo, which was acquired in February 2022 by Red White & Bloom...

As Michigan’s Cannabis Market Continues To Grow, Health Problems Grow With It

In the five years since Michigan legalized adult-use cannabis, the plant and its effects — positive and negative — have received increasing attention and mainstream acceptance. As cannabis has emerged from the shadows, more products have entered the market,...

Michigan Eclipses $10 Billion In Adult-Use Cannabis Sales Since Went Legal In 2019

Michigan licensed retailers sold $264.7 million in adult-legal cannabis in December pushing Michigan past the $3 billion annual sales mark for 2024, to $3.27 billion, the Cannabis Regulatory Agency reported. That represents a 9.9% increase from the $2.98...

Cannabis Cafes Get Green Light In California

Governor Newsom signed the bill after his concerns about second-hand smoke were addressed. California Gov. Gavin Newsom signed Assembly Bill 1775 into law, which will allow local municipalities to begin permitting “cannabis cafes” to serve...

Best Practices For Cultivators

The Cannabis Regulatory Agency (CRA) is dedicated to providing licensees the information needed to foster a transparent and consistent approach to compliance efforts throughout the harvest season. The Operations Support Section hosted a CRA Education Session regarding...

Timing Wrong For Bill Seeking To Raise THC Limit For Hemp

U.S. Sen. Rand Paul has again introduced legislation that would triple the THC limit for industrial hemp, an act of poor timing if we ever saw one. Rand has refloated the Hemp Economic Mobilization Plan (“HEMP” Act), which suggests an increase from 0.3% to 1.0%...