News and Information about the Business of Cannabis

Michigan Eclipses $10 Billion In Adult-Use Cannabis Sales

Michigan’s adult-use cannabis operators concluded 2024 with yet another record-breaking mark for retail sales, but the nation’s second-largest market is finally showing signs of maturity. The state’s licensed retailers recorded $3.27 billion in adult-use...

Webinar: Navigating Wholesale Payment Challenges In The Industry With LeafLink

The Cannabis Regulatory Agency Webinar CRA is hosting on Jan. 16 featuring Matt Hutchinson, chief product officer of LeafLink, who will explain how to navigate wholesale payment challenges. According to Hutchinson, there are endless factors separating the...

Cannabis Regulatory Agency Files New Formal Complaint Against Sky Labs LLC

The Cannabis Regulatory Agency (CRA) has filed a formal complaint against Sky Labs, LLC (License No. AU-P-000157), located at 9421 N. Dort Highway, Mt. Morris, MI 48458, the CRA said in a press release. The CRA also filed a formal complaint against Sky...

Draft CRA Cannabis Rules Available For Review

Nov 25, 2024 | Feature, Great Lakes Region, Michigan

The draft of the proposed changes to the marihuana administrative rules is now available for public review. The draft rule language can be found on the administrative rulemaking system (ARS) website. In addition to the draft rules, the agency has created a...

Prominent Indiana Republicans Back Marijuana Legalization

Nov 25, 2024 | Feature, Great Lakes Region

A Republican-backed group pushing Indiana’s lawmakers to “adopt safe and regulated” marijuana policies launched on Wednesday. “By embracing a smart and evidence-based approach that prioritizes public health, safety, and economic opportunity, we can give Hoosiers the...

Ohio’s New House Speaker Promises To Nix Cannabis Legalization

Nov 25, 2024 | Feature, Great Lakes Region

Ohio House Republicans have chosen Matt Huffman, the current Senate president, as their next House speaker. Huffman, unopposed in the caucus vote, is known for his hardline conservative agenda, including his intent to reverse Ohio’s recently implemented recreational...

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

Nov 22, 2024 | Feature, Great Lakes Region, Michigan

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 rules,...

Detroit Could Restrict Cannabis And e-Cigarette Ads

Nov 20, 2024 | Feature, Great Lakes Region, Michigan

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 tobacco are...

Fluresh To Close Michigan Cannabis Grow, Lay Off 46

Nov 20, 2024 | Feature, Great Lakes Region, Michigan

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 the...

Nov. 30 Deadline To Apply For The CRA’s $1 Million Social Equity Grant Program

Nov 20, 2024 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency’s social equity team is currently accepting applications for the FY 2025 Social Equity Grant Program (SEGP). Social Equity Program licensees are either eligible – or close to eligible – to receive a share of one million grant dollars!...

Collecting And Remitting Tax With The Michigan Department Of Treasury

Nov 20, 2024 | Feature, Great Lakes Region, Michigan

Sarah Rusnell, outreach manager, with the Michigan Department of Treasury, is hosting a zoom conference to teach cannabis companies how to process collecting and remitting cannabis-related taxes to Treasury. This is the third workshops that will go over the different...

U.S. House Version Of New Farm Bill Seeks To Shut Down Market For Intoxicating Hemp Products

Nov 20, 2024 | National

The U.S. Senate Agriculture Committee has unveiled a new version of the U.S. Farm Bill that would shut down an out-of-control market for intoxicating hemp products by banning non-industrial uses of hemp. Provisions in the 1,400-page draft measure could finally close a...

RFK Jr. Could Advance Marijuana And Psychedelics Reform Agenda As Trump’s Top Health Official

Nov 20, 2024 | National

President-elect Donald Trump has named Robert F. Kennedy Jr. as his pick to lead the U.S. Department of Health and Human Services (HHS), where he will have the chance to advance major drug policy reforms he’s championed such as promoting access to psychedelics...