Michigan-Based C3 Industries Raises $45 Million – Expands Into Missouri, And Massachusetts
C3 Industries, a vertically integrated multi-state cannabis company based in Ann Arbor, closed a $45 million funding round late last month that will help the company expand from Oregon and Michigan into Massachusetts and Missouri. The cannabis company co-founded by...
Marijuana Regulatory Agency Quarterly Meeting Dec. 10 Via Zoom
The Marijuana Regulatory Agency will hold a quarterly meeting on Thursday, December 10, at 9:30 A.M. The meeting will be held via Zoom. The purpose of this public meeting is to hear complaints and receive the views of the public on MRA’s administration of the...
Michigan Recreational Marijuana Sales Near $440 Million In First Year Legal
Recreational marijuana dispensaries in Michigan rang up nearly $440 million in sales in their first year of business. Since the adult-use market launched on Dec. 1, 2019, 191 recreational dispensaries have opened, generating $73 million in excise and sales taxes for...
September 2020 Legal U.S. Cannabis Product Demand Continues To Grow
Growth in demand for legal cannabis products in the United States in September was lower than the previous month, continuing a new trend of slow growth markedly different from the rapid rise in sales we experienced in the spring and early summer, According to Anderson...
United Nations Approves WHO Recommendation To Reschedule Cannabis In Historic Vote
The United Nations Commission on Narcotic Drugs (CND) on Wednesday accepted a World Health Organization (WHO) recommendation to remove cannabis and cannabis resin from Schedule IV of the 1961 Single Convention on Narcotic Drugs. The historic vote in Vienna could have...
Whole Foods CEO Makes Case For Small Marijuana Operators
John Mackey’s keynote address and his fireside chat with MJBizDaily CEO Chris Walsh as well as other MJBizCon 2020 content is available on demand. At a time when large multistate marijuana operators are ascending to new heights, Whole Foods Market co-founder and...
Michigan’s Recreational Cannabis Industry Marks First Anniversary After Incredible Year
Since December 1, 2019, the fledgling adult-use industry has accounted for nearly a half-billion dollars in sales, and based on the most recent figures that show weekly sales near or exceeding $13 million, the industry is closing on projected annual sales in excess of...
Public Q&A Session with MRA Executive Director Andrew Brisbo 1:30 Today
If you want to ask questions directly to MRA Executive Director Andrew Brisbo he will be hosting a Public Question and Answer Zoom Meeting on Thursday, December 3 at 1:30pm. Please join Director Brisbo at the following Zoom link Thursday afternoon:...
Securatech Installs COVID-19 Monitoring Stations
Rudy Patros, CEO of Securatech, a physical security company, describes one of his fastest selling products - a facial monitor that measures a visitor's temperature and makes sure they are wearing a facemask before they are allowed to enter your business....
Detroit OKs Recreational Pot Ordinance That Allows For Consumption Lounges
Adult-use cannabis dispensaries are finally coming to Michigan's biggest city. Detroit City Council unanimously approved an adult-use recreational marijuana ordinance on Tuesday. Not only does the new ordinance catch Detroit up with other communities in the state that...
