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...

Study: Frequent Cannabis Consumers Exhibit No Significant Changes in Driving Performance Following Use of THC-Infused Edibles

Jun 12, 2024 | National

Subjects display few changes in simulated driving performance following the ingestion of THC-infused edible products, according to data published in the Journal of Cannabis Research. Investigators affiliated with the University of Toronto assessed...

New Buffalo Township Reviews 47 Dispensary Applications, Approve Just 4

Jun 12, 2024 | Feature, Great Lakes Region, Michigan

Last week the New Buffalo Township Planning Commission granted preliminary approval to four cannabis dispensary applications, marking the first step in a multi-stage approval process for these businesses. This decision follows a one-year moratorium on new cannabis...

Michigan Mired In Bitter Pot Fight 3 Years After Massive Marijuana Recall

Jun 12, 2024 | Feature, Great Lakes Region, Michigan

For nearly two and a half years, Michigan’s marijuana industry has watched as a multi-pronged legal battle unfolded between Michigan regulators and the state’s largest cannabis testing facility. The battle that began with one of the most expansive recalls in the...

Colorado’s Weed Market Is Coming Down Hard and It’s Making Other States Nervous

Jun 12, 2024 | National

On Jan. 1, 2014, Iraq War veteran Sean Azzariti made headlines worldwide as the first person in the U.S. to buy legal weed. More than 10 years later, 3D Cannabis, the dispensary in Denver’s Elyria-Swansea neighborhood where the historic purchase was made,...

GOP Congressman Says ‘Millions Of Marijuana Users’ Own Guns And Shouldn’t Face Prosecution Like Hunter Biden Did

Jun 12, 2024 | National

Two Republican congressmen are challenging the basis of the conviction of President Joe Biden’s son Hunter for purchasing a gun while being a consumer of illegal drugs, with one pointing out that there are “millions of marijuana users” who own guns but should not be...

Michigan Surpasses California In Number Of Cannabis Products Sold

Jun 12, 2024 | Feature, Great Lakes Region, Michigan

In March, Michigan surpassed California in products sold, a report from SFGate contends. While California sold 21.3 million legal marijuana products in March, Michigan passed that with 22 million products sold, according to BDSA’s tally. California is still...

Smoke Cannabis For Science And Get Paid – Really

Jun 12, 2024 | Feature, National

DaySavers, a manufacturer of pre-rolled cones and rolling paper, announced a groundbreaking partnership with the Cannabis Research Coalition and The Network of Applied Pharmacognosy (NAP) to launch a unique study: The Science of...

Congress Working To Let Veterans Administration Recommend Medical Marijuana

Jun 4, 2024 | National

With medical marijuana legal in most states, more veterans than ever before are eligible to use cannabis therapeutically. Unfortunately, many find it difficult or impossible to gain access to these life-saving programs because doctors within the Department of Veterans...

Ohio Now Accepting Recreational Marijuana Applications: But When Will Sales Begin?

Jun 4, 2024 | Great Lakes Region

Applications for medical marijuana dispensaries to serve both medical and recreational customers in Ohio must open by Friday, June 7, say regulators, though it is not expected that dispensaries will begin selling products by this coming Saturday. Ohio...

C3 Industries’ High Profile Dispensaries Celebrate Pride Month with Special Offerings

Jun 4, 2024 | Feature, Great Lakes Region, Michigan

C3 Industries announced its celebrating Pride Month with special offerings at High Profile cannabis dispensaries located in Michigan, Missouri, Illinois, New Jersey and Massachusetts throughout the month of June, the company said in a press release. As part of its...