Select Page

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...

J.D Vance, Trump’s VP Pick, Opposes Cannabis Banking Reform

Ohio’s forthcoming adult-use cannabis market will soon be among the biggest in the nation, rivaling the likes of Michigan, where licensed dispensaries are on pace to record more than $3 billion in sales in 2024. This means Ohio dispensaries will likely see an influx...

DEA Reclassify Cannabis Comment Period Ends July 22

The US Drug Enforcement Administration is now accepting comments from the public until July 22 on whether to reclassify cannabis. NORML's step-by-step submission guide and talking points will assist you in taking part in this once in a lifetime opportunity to help...

How Cannabis-Friendly Are Potential Biden Successors?

U.S. President Joe Biden, whose October 2022 executive order launched marijuana rescheduling, the most significant shift in federal cannabis policy in 50 years, will be the Democratic Party’s nominee for president. At least, that’s what Biden has said repeatedly...