Timber Cannabis Agrees To Pay Employees $205,000 Settlement Over Keeping Tips
A judge approved a deal Friday to try to solve a major buzzkill: Employees at a Michigan dispo chain said management was keeping tips left by happy customers. Timber Cannabis, which has seven locations, agreed to pay $205,000 to settle a lawsuit, though it admitted no...
House GOP Committee Approves Bill To Ban All Hemp Products With THC
A GOP-led House committee has approved a spending bill containing provisions that hemp stakeholders say would devastate the industry, prohibiting most consumable cannabinoid products that were federally legalized during the first Trump administration. Just...
CRA Education Session: Planning for Success and Regulatory Compliance in High Volume Multi-Channel Retail With Meadow
Max Esdale, COO, of Meadow, said many businesses struggle with scaling up while adding new sales channels such as online, phone, and kiosk ordering; or adding new fulfillment channels such as ordering for pickup, delivery, events, lounges, etc. In this webinar on...
Study: Hotels See Significant Boost In Revenue Following Cannabis Legalization
A new study exploring the impacts of adult-use marijuana legalization on the hospitality industry finds that “hotel revenue increases by 25.2% (or $63,671 monthly) due to dispensary legalization, with the effect continuing to grow even six years after legalization.”...
Struggling Michigan Pot Companies Bet The Farm On Risky Federal Tax Strategy Trying to Save Millions Of Dollars
Since early 2024, state-licensed cannabis companies in Michigan and across the country have been changing their approach to filing and paying federal taxes — specifically to claim exemption to a little-known 1982 provision in the Internal Revenue Code called Section...
4 Chinese Nationals Accused Of Running $5 Million Illegal Grow Near Tawas
Four Chinese citizens are facing charges in connection with a massive illegal marijuana growing operation discovered in Iosco County. Michigan State Police executed a search warrant Thursday at a warehouse in Alabaster Township. They located 5,057 marijuana plants...
$3 Billion In Cannabis Debt Coming Due, Lenders Zero In On Overleveraged Companies
As spurned lenders begin to encircle marijuana companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are increasingly creative and desperate methods to protect assets from...
Seniors’ Getting High Reaches New High
Older Americans are increasing their use of marijuana to a point where some geriatricians are warning about weed's attendant health risks. The big picture: U.S. marijuana use among those 65 and older surged nearly 46% from 2021 to 2023, according to...
Cannabis Legalization May Be Headed To US Supreme Court
A group of cannabis companies looking to overturn the plant’s illicit status at the national level could be on their way to the U.S. Supreme Court. And there is reason for them to be optimistic that at least one justice is willing to take the case. Last week...
On June 5, Ohioans Can Buy Twice As Much Adult-Use Pot
Ohio’s marijuana dispensaries will be able to sell higher quantities to nonmedical patients starting this week. The Division of Cannabis Control (DCC) announced new guidelines for nonmedical sales limits in late May. Beginning June 5, recreational customers can buy up...
