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...

Health Problems Follow Growth Of Michigan Cannabis Market

Jan 9, 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...

Cannabis Regulatory Agency Takes Disciplinary Action Against Licensees Throughout The State

Jan 9, 2025 | Feature, Great Lakes Region, Michigan

Administrative formal complaints and disciplinary actions taken against adult-use/medical licensees in December are now available for review in the Cannabis Regulatory Agency’s December 2024 Disciplinary Action Report. This month’s disciplinary actions: Hesperia DLG...

Cannabis News From Across Michigan

Jan 8, 2025 | Great Lakes Region, Michigan

Cannabis is a big deal in Michigan—and there’s never a shortage of newsworthy headlines from the industry as the state inches closer to becoming the nation’s weed capital. Here are 7 things you need to know this week as published by The Gander. GREEN...

With Ohio Sparking Up, Has Michigan Hit Its Weed Ceiling?

Jan 8, 2025 | Feature, Great Lakes Region, Michigan

Has Michigan hit its weed ceiling? Michigan recently hit a high water mark: More marijuana sold than California, according to MJBizDaily, a cannabis business news outlet. California has long been the legal weed king and has nearly four times Michigan's...

2024 NORML Legislative Report

Jan 8, 2025 | National

2024 marked another successful year for advancing marijuana policy reform in the United States. Voters in Nebraska approved a pair of citizen-initiated measures legalizing medical cannabis access while lawmakers in other states enacted legislation expanding marijuana...

2024 Year in Review: NORML’s Top Ten Events In Marijuana Policy

Jan 8, 2025 | National

#1: DEA Announces Marijuana Rescheduling Hearing, Judge Sets 2025 Trial Date The Drug Enforcement Administration’s administrator announced in August that the agency will commence an administrative law hearing on marijuana’s scheduling under the federal...

Wana Brands CEO Predicts More Marijuana Companies Will Move Into Hemp Sector

Jan 8, 2025 | National

The rise of intoxicating hemp products has undeniably become an major trend across the U.S. cannabis industry over the past few years, with an increasing number of marijuana companies either pivoting completely to hemp or at least adding hemp...

Kentucky Cannabis Licenses Getting Resold For Profit

Jan 8, 2025 | National

Kentucky‘s legal medical marijuana program is set to launch this year, but the hottest commodity in the program so far are the licenses, which are being flipped by many of the lottery winners. Senate Bill 47 officially went into effect on Jan. 1 when the Patient and...

Half-Built Marijuana Dispensary In Pinckney School House Now Up For Sale

Jan 8, 2025 | Feature, Great Lakes Region, Michigan

A long-shuttered elementary school site in the small village of Pinckney was slated to become Livingston County’s first recreational marijuana business. But the former Pinckney Elementary School is back on the market. Construction stalled nearly two years ago for a...

Cashless Way To Purchase Cannabis And Hemp Products Offers January Special

Jan 8, 2025 | Great Lakes Region, Michigan

According to a retail study by Capital One Research, 81 percent of US consumers prefer to shop using some form of credit, which grows yearly. Further, when they use some form of credit, shoppers are 4 times more likely to spend more with a card than cash. Dispensary...