Skymint Not The Only Michigan Cannabis Company In Receivership
The news of Green Peak Industries, which operates under the brand name Skymint and went into receivership earlier this month is the most notable of Michigan companies in receivership - at least four other well-known companies are struggling. According to Michigan...
$80 Ounces In Michigan, $4 Grams In Oregon – How Low Can Marijuana Industry Go?
The 2023 Recreational Marijuana Supply and Demand Legislative report from the Oregon Liquor and Cannabis Commission states that per-gram cannabis prices in Oregon have decreased by 16% from the previous year, reaching an all-time low of $4. According to the OLCC,...
Five Suspects In Bay County Marijuana Shop Burglary, Police Chase Charged With 27 Counts
Last week, five young men from downstate were arrested after allegedly burglarizing a Bay County marijuana store then leading police on a two-county chase. The pursuit ended after the alleged thieves’ crashed their stolen truck into a civilian’s vehicle, then were...
Kids Taken From Family Following Marijuana Arrest Remain In Tennessee State Custody Following Hearing
Five children taken from a Black family after a traffic stop in Coffee County will remain in the custody of the Department of Children’s Services following a hearing in juvenile court on Monday. Bianca Clayborne and Deonte Williams were pulled over by the...
Angry Menominee Council Divided 6-3 On Marijuana Resolution
In an explosively charged meeting, the Menominee City Council voted 6-3 Monday on a resolution expressing the city council’s desire to pass an ordinance to authorize seven marijuana businesses in Menominee. Mayor Jean Stegeman, Donna Marineau and Michael DeDamos voted...
Michigan Cannabis Sales In February Top $216 Million, Highest In Any Month During Past Year
Michigan legal cannabis sales in February reached $216.4 million, up 4.4 percent from January, and almost 40 percent from February 2022. February sales totals also were the highest for any month in the past 12. The data comes from the February Michigan Cannabis...
CRA Director Brian Hanna Updates Michigan Cannabis Regulations
Brian Hanna, Executive Director of the Michigan Cannabis Regulatory Agency, joins Four20 Post Live to answer questions about CBD sales, adult-use sales, and his prediction that medical marijuana sales will make a comeback in 2023. If you are in the Michigan cannabis...
JARS Cannabis Completes Purchase Of Euflora
JARS Cannabis on March 14 announced it has completed its previously announced acquisition of Euflora, a premier collective of boutique recreational marijuana dispensaries in Colorado. With the addition of one greenhouse and six recreational storefronts to its...
Canadian Investor To Keep Skymint Open Until Sold Or Restructured
Canadian-based cannabis lender SunStream Bancorp said it would keep existing Skymint employees and "certain key management" in place to keep Michigan's second largest cannabis retailer running before it is either sold or restructured. "SunStream intends to continue to...
Chase Hubbard Of The Jacobsen Featured On iHemp Hour March 16
Chase Hubbard of The Jacobsen joins iHemp Hour March 16 at noon. He will discuss the state of the industrial hemp industry streamed live on our website, LinkedIn page, Facebook page and YouTube. The Jacobsen has been reporting on commodity market pricing since 1865....
