GREAT LAKES CANNABIS STOCK TICKER
Who Voted Yes On Marijuana Tax In House?
As Michigan lawmakers finally approved a budget, one piece of the deal included a new tax on wholesale marijuana sales that is intended to help fund future road work. The road plan relies on the 24% wholesale tax on marijuana, and is about half as big as the...
China’s Black-Market Cannabis Operations Found In Michigan
A complex network of Chinese-run black market marijuana operations is enveloping the U.S. -- and Michigan is caught in the web. Though the chain of command is murky, politicians, attorneys and law enforcement who spoke with MLive believe the multi-layered networks...
Insider: Whitmer Helped Win Support For Roads Plan, Cannabis Tax
Michigan Gov. Gretchen Whitmer participated in a series of behind-closed-door meetings with Democratic lawmakers last week to help secure votes she needed to get a new budget and a road funding plan through the House and Senate. On Thursday night, Democrats...
Oct. 15 – Lansing – MiCIA Fall Lobby Day Registration
Join the Michigan Cannabis Industry Association us on October 15th in Lansing for MiCIA's Fall Lobby Day. Meet with legislative leaders and talk with them about the key topics impacting our industry. Lobby Day participants will meet with their State Representatives...
Michigan Cannabis Tax To Jump To 40 Percent, Critics Worry It Will Drive Consumers To Black Market
Black market operators are cheering the Michigan Legislature’s vote to more than double marijuana taxes, opponents say. About 3 a.m. Friday, Oct. 3, the Michigan Senate in a contentious 19-17 vote passed a new 24% wholesale tax on marijuana, that insiders say will...
Scientists Discover New Cannabis Compound With ‘Remarkable Antioxidant And Skin Anti-Inflammatory’ Benefits
A new cannabis compound that appears to have “remarkable antioxidant and skin anti-inflammatory” properties has been discovered by scientists. The isolated cannabinoid, classified as cannabizetol (CBGD), shows promise for the expanding base of knowledge regarding the...
Cannabis Rescheduling Could Boost Banking Bill
If President Donald Trump moves forward with marijuana rescheduling, the reform would be an “important domino” to advance bipartisan cannabis banking legislation, the GOP Senate sponsor says. In an interview with Ask a Pol reporter Matt Laslo that was released on...
Michigan Legislature Approves 24 Percent Pot Wholesale Tax
Michigan lawmakers unveiled and approved a long-awaited budget that makes funding cuts to many state agencies while allocating an extra $1.1 billion to the Michigan Department of Transportation, which is responsible for fixing state roads and bridges. And shortly...
Michigan To Add 24 Percent Pot Tax To Fix The Roads
Buying legal marijuana in Michigan will likely cost about 24 percent more starting next year, thanks to a tax hike meant to fill potholes, writes Scott McClallen from Michigan Capital Confidential. Michigan’s political leaders have agreed not to shut down the state...
Feds Call Marijuana A ‘Deadly’ Drug And Say Even Medical Cannabis Has ‘Serious Consequences’
Federal officials are calling marijuana a “deadly” drug—touting their efforts to seize it and other illegal substances—while also warning that possessing cannabis, even for medical use, carries “serious consequences.” As President Donald Trump considers a cannabis...
