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...

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

Jan 15, 2025 | Feature, Great Lakes Region, Michigan

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, and with...

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

Jan 15, 2025 | Feature, Great Lakes Region, Michigan

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 billion in...

Webinar: Navigating Wholesale Payment Challenges In The Industry With LeafLink

Jan 15, 2025 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency Webinar CRA is hosting on Jan. 16 featuring Matt Hutchinson, chief product officer of LeafLink, who will explain how to navigate wholesale payment challenges. According to Hutchinson, there are endless factors separating the cannabis...

Cannabis Regulatory Agency Files New Formal Complaint Against Sky Labs LLC

Jan 15, 2025 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency (CRA) has filed a formal complaint against Sky Labs, LLC (License No. AU-P-000157), located at 9421 N. Dort Highway, Mt. Morris, MI 48458, the CRA said in a press release. The CRA also filed a formal complaint against Sky Labs,...

DEA Fails To Release Annual Report Highlighting Marijuana Seizures, Arrest Totals

Jan 15, 2025 | National

The Drug Enforcement Administration failed to publicly provide reporting data in 2024 regarding the total number of marijuana seizures and arrests made by federal agents and others participating in the Domestic Cannabis Eradication/Suppression...

Ohio Recreational Cannabis Sales Top $242 Million In 2024

Jan 15, 2025 | Great Lakes Region

Ohio’s cannabis sales in calendar 2024 – went adult-recreational in August – came in at $242 million, according to the Ohio Division of Cannabis Control More than 32,000 pounds was plant material and 4 million pounds was manufactured product. So far...

DoorDash Reverses Policy, Now Delivering CBD And Intoxicating Hemp Products

Jan 15, 2025 | National

Product and food delivery app DoorDash is the latest major company to enter the hemp market. The San Francisco-based tech giant, which connects consumers to local businesses, said in a news release that it has started delivering low-dose hemp-derived beverages,...

CRA Announces 103 Social Equity Licensees Will Share $1 Million Through 2025 Social Equity Grant Program

Jan 15, 2025 | Feature, Great Lakes Region, Michigan, Uncategorized

This week, Michigan’s Cannabis Regulatory Agency notified 103 social equity licensees that they were eligible for a share of the $1 million available through the 2025 Social Equity Grant Program (SEGP). Each of the grantees will receive an equal share of $9,708.73....

Canine Alert Doesn’t Constitute Probable Cause For A Motor Vehicle Search, Appellate Court Rules

Jan 15, 2025 | National

Law enforcement officers may not initiate a warrantless search of a motor vehicle based solely on an alert from a specially trained police dog, according to a ruling by judges on Florida’s 5th District Court of Appeal. Judges determined that canines cannot distinguish...

Illinois Legislature Rejects Hemp Bill, Fueling Debate Over Intoxicating Products

Jan 15, 2025 | Great Lakes Region

A bill aimed at regulating the hemp industry in Illinois, specifically targeting delta-8 THC products, failed to pass in the state legislature. House Bill 4293, rejected this week, sought to prohibit packaging that mimics marijuana and restrict marketing...