Cannabis REIT Buys MI Property for $6.2M, Inks Lease Deal with Holistic
Innovative Industrial Properties, Inc. (NYSE: IIPR) has finalized the acquisition of a property in Michigan. The SanDiego cannabis REIT purchased the property — located at 29600 Stephenson Highway, north of Detroit — for $6.2 million, excluding...
New Michigan Legislation Boosts Cannabis Product Protections for Consumers
Michigan's Regulatory Reform Committee is set to hold a hearing on Tuesday over new legislation that would clear the air concerning consumer protections around cannabis products. SB 1057, introduced by Sen. Curt VanderWall, a Grand Rapids Republican, would amend the...
ABKO Labs Offers High Tee Golf Outing To Michigan Cannabis, Hemp Businesses
Amy Brown and Kirk Olbrich, co-owners of ABKO Labs, are producing a golf outing at Whitmore Lake Links on Sept. 27 to gather the Michigan cannabis and Hemp communities for good times outdoors. Former Detroit Red Wing Darren McCarty will make an appearance. More at...
Four20Post Live Sept. 2: Michigan Cannabis News Updates, Monroe Street Fair, ABKO Golf Outing, Sensi Connects, Jazz Cabbage Cafe and more
ANN ARBOR - On Four20Post Live today at 1 pm (streamed live on Facebook), we’ll get cannabis news updates, including rescheduling the Monroe Street Fair, plus an announcement for cannabis-friendly golf outing with keynote from former Detroit Red Wing Darren McCarty. ...
Why Michigan’s Recreational Marijuana Industry Isn’t Helping Those Harmed by Drug Policies
Michigan is still grappling with how to implement its new legal recreational marijuana market. And it turns out during the pandemic, the market is booming. “There’s kind of a catch-22 with the laws.” — Gus Burns, MLive. As Michigan’s recreational...
Marijuana Dispensary To Debut In Iron Mountain
Recreational marijuana sales will likely begin soon in Iron Mountain as the pandemic has slowed, but not stopped, a major cannabis project. Workers are completing exterior work at the Rize U.P. dispensary at 1580 N. Stephenson Ave., one of two retail shops authorized...
Federal Marijuana Reform Momentum Expected To Continue Despite Absence From Party Conventions
The Democratic and Republican national conventions barely touched on federal marijuana reform. The Republicans didn’t even write a new platform. And the Democratic platform fell short of supporting the efforts congressional Democrats have made in the past year toward...
The U.S. Cannabis Industry Is Poised to Get a Long-Term Tailwind from COVID-19
It really shouldn't come as much of a surprise that the cannabis industry, in general, has shown "tremendous resilience" in the face of the pandemic. Medical marijuana is a prescription drug, which patients aren't likely to stop using or cut back on unless absolutely...
Cannabis Growers Convert Industrial Properties In Grand Rapids
Idled and deteriorating industrial buildings across the city are being transformed with multimillion dollar investments to support cannabis growing operations. Two commercial growing sites recently held ribbon-cutting ceremonies in industrial corridors on...
Entrepreneur Creates Platform to Promote Cannabis Industry Diversity
As more and more states begin to legalize recreational cannabis and expand the medical marijuana sector, many Americans are taking advantage of new entrepreneurial and business opportunities to cash in on the revenue. However, despite the new legal market, many Black...
