GREAT LAKES CANNABIS STOCK TICKER
Five Years Of Legal Weed In Michigan
Five years ago, on Dec. 6, 2018, after a decisive victory at the polls the month before, the Michigan Regulation and Taxation of Marijuana Act took effect, legalizing recreational cannabis in the state. It was the culmination of years of effort by activists...
Weed War: Michigan Dispensaries Fight To Survive
In 2008 following the legalization of medical marijuana, Michigan saw an explosion in dispensaries appearing in empty storefronts across the state. Local governments worked to regulate the market, while a complicated licensure process played out at the state level....
Metro Detroit Communities Allowing Cannabis Sales Using Tax Revenues Differently
Last month, voters in four upscale metro Detroit communities — Grosse Pointe Park, Keego Harbor, Rochester and Birmingham — said no to allowing recreational marijuana sales in their communities. The election results were a blow to proponents of recreational...
DeSantis Under Investigation: CNN Exposes Governor’s Alleged Connections And Controversies With Marijuana Industry
As Ron DeSantis seeks to cut into Donald Trump’s double-digit lead in the Republican presidential race, the Florida governor has criticized the former president for failing to deliver on one of his signature promises. “He didn’t clean up the swamp,” DeSantis said...
Mom And Pop Cannabis Dispo Northern Specialty Health Celebrates First Decade In Business
When you're way up north in Houghton for the Holidays snow mobilling or skiing, stop in and experience the one and only "Mom and Pop Cannabis Shop" in the Keweenaw. Northern Specialty Health is celebrating the Holiday with saving and in-store specials. Northern...
Detroit Dispensary Owner Banned From Selling Pot After More Than Dozen Violations
The owner of a Detroit dispensary has been banned from owning a business license for selling weed in the state after he was found to be selling cannabis to people without a medical marijuana card. Anthony Czuchra and Clark Street Investment Group...
Medical Cannabis May Not Lead To Cognitive Impairment, New Study Reveals
There is a persistent and common belief throughout society that using cannabis over an extended period of time (or, in some cases, even once) can lead to a decline in mental abilities and function. However, a recently published Australian cannabis study is helping to...
Federally Funded Survey: Marijuana Use By Teens Remains Below Pre-Pandemic Levels
Federally funded survey data provided by the University of Michigan reports that rates of teen marijuana use remain near historic lows. Consistent with data provided last month by the Substance Abuse Mental Health Services Administration’s...
Cannabis Beats Booze, Says Report
A new report from TD Cowen analyst Vivien Azer said legal cannabis is driving consumers away from alcohol. The long time cannabis equity analyst wrote: “Alcohol sales in legal cannabis states have underperformed by 100-150 bps over the past five years. With $29...
Trend Of Distressed Michigan Dispensaries Closing Without Paying Vendors
A trend has begun in the Michigan marijuana community of financially strapped dispensaries closing up shop quietly without paying off sizable debts, leaving vendors with little recourse but to try and sue. According to MLive.com, “cut-and-run” situations where...
