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News and Information about the Business of Cannabis

Michigan Shuts Down Industrial Hemp Program That Now Reverts To USDA Control

GRAND HAVEN - Michigan has closed its industrial hemp program, leaving farmers to operate directly under the U.S. Department of Agriculture (USDA), and signaling potentially significant changes for hemp cultivators and processors in the state. Under USDA...

Detroit Could Restrict Cannabis And e-Cigarette Ads

Detroit City Council members passed a resolution Tuesday that documents the harms posed by e-cigarette and marijuana use among youth as the council prepares to restrict where these products can be advertised in the city. In Detroit, ads for alcohol and...

Fluresh To Close Michigan Cannabis Grow, Lay Off 46

Fluresh LLC is closing down its $46 million 105,000-square-foot grow facility in Adrian and will be laying off 46 employees at the end of this month.  The company, doing business as Tend.Harvest.Cultivate, couldn’t make the economics of the operation work as...

Mushroom Shaman Charged In $8 Million Fraud

A shaman multiple aliases, a criminal record and a now-shuttered psychedelic mushroom church in Detroit has been arrested on federal fraud charges. “Shaman Shu,” as he refers to himself, is accused of masterminding a penny stock “pump-and-dump scheme” that defrauded...