The Business of Cannabis

Michigan: Governor Signs Law Requiring Schools to Send Parents Warnings About Marijuana, High-Potency THC + Vaping

Michigan Governor Gretchen Whitmer (D) has signed legislation requiring schools across the state to distribute educational notices to parents about the health risks of marijuana, high-potency THC products, vaping and other products. Senate Bill 433,...

Michigan: Marijuana Farm Loses Court Fight Over Clearing Protected Wetlands

A judge has ruled that a marijuana grower illegally cleared nearly 16 acres of protected wetlands while building a large cannabis farm in northern Michigan. Ingham County Circuit Judge Morgan Cole sided with state environmental regulators last month in a...

Minnesota: Do Government-Run Cannabis Retail Sales Work?

When Minnesota legalized adult-use cannabis, cities saw an opportunity in the state’s unique law to create a new revenue stream: a marijuana business that could be run much like the municipal liquor stores that have been in business since 1937. In Anoka, a...

Illinois: Marijuana Retailers Sold To Minors In Only 6 of 1,452 State Compliance Checks

The Illinois State Police (ISP) said the attempted purchases were conducted as part of “under 21 covert details.” The agency did not identify the six businesses that completed sales or provide details about any resulting disciplinary action. The number of...

GREAT LAKES CANNABIS STOCK TICKER

Retailer Target Selling THC-Infused Beverages

The retail giant Target is soft launching sales of THC-infused beverages at select stores in Minnesota, an executive of one cannabis drink company participating in the rollout and other industry leaders told Marijuana Moment. In one of the latest examples of the...

The Cannabis Industry’s $6 Billion Debt Wall

A debt avalanche is bearing down on the U.S. cannabis market to the tune of roughly six billion dollars coming due by the end of 2026, with the top five borrowers—each a multi-state operator (“MSO”)—accounting for about $3.4 billion. The sector’s reliance on costly...

Inside Utica’s First Cannabis Lounge

I’ve been to cannabis lounges around the world, from Amsterdam to Barcelona to Mexico City. So, the excitement to finally get a local cannabis lounge in my hometown was an instant green flag to see how it compares. Here’s why Burn1 cannabis consumption...

Muha Meds Launches First-Ever Partnership With Cookies

Muha Meds is collaborating with the legendary brand Cookies to drop a first-of-its-kind piece of smokeware: a 2-gram disposable vape shaped like a cookie, complete with a visible “bite” taken out that also displays the device’s fullness, according to a press release....