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...

Cannabis Regulatory Agency Announces Next Statewide Municipality Summit October 29

Oct 14, 2024 | Feature, Great Lakes Region, Michigan

In response to the positive feedback from the statewide municipality summits held by the Cannabis Regulatory Agency (CRA), and in keeping with its commitment to engage in transparent communication with stakeholders, the CRA has announced the date and time for its next...

Cannabis Regulatory Agency Takes Disciplinary Action Against Licensees Throughout State

Oct 14, 2024 | Feature, Great Lakes Region, Michigan

Administrative formal complaints and disciplinary actions taken against adult-use/medical licensees in September are now available for review in the Cannabis Regulatory Agency’s September 2024 Disciplinary Action Report. This month’s disciplinary actions: Detroit 420...

The CRA’s Social Equity Grant Program Returns For Fiscal Year 2025

Oct 14, 2024 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency’s (CRA) social equity team is thrilled to announce that the Social Equity Grant Program (SEGP) will be returning for Fiscal Year 2025! One million dollars will be divided equally between entities that meet the following criteria and...

Researchers Say They’ve Developed Hemp Grain, Fiber Varieties That Can Stand The Heat

Oct 14, 2024 | National

Researchers in Texas say they have developed hemp grain and fiber varieties suited to the state’s challenging climate. The team, at Texas A&M University, announced it is preparing to deliver its first set of hemp germplasms to the U.S. Department of Agriculture...

Redford Township Cannabis Licensing Turns Into 3-Week Campout For Applicants

Oct 10, 2024 | Great Lakes Region, Michigan

In one of the last metro Detroit communities to open its doors to retail marijuana businesses, the process of applying for a license is a war of attrition. Dozens of eager applicants have been lined up day and night for three weeks outside of the Redford...

Michigan Cannabis Market Hits Record Sales Amid Low Weed Prices And Rise In Cultivation Licenses

Oct 9, 2024 | Feature, Great Lakes Region, Michigan

Michigan's cannabis market is experiencing a major transformation, with retail sales surging while flower prices continue to drop. As MJBizDaily reported, since the start of adult-use sales in December 2019, the average retail price for an ounce of...

Ohio Adult-Use Sales Near $100 Million In First Two Months

Oct 9, 2024 | Feature, Great Lakes Region

According to the most recent figures from the Ohio Division of Cannabis Control, there have been just over $98 million in non-medical marijuana sales since they began in the state on August 6. Erick Rodriguez, vice president of retail for the Cannabist Company,...

Senator Paul Introduces Bill That Would Increase THC Limit In Hemp To 1 Percent

Oct 9, 2024 | National

U.S. Sen. Rand Paul, a Kentucky Republican, has introduced a bill in Congress that would raise the THC level on hemp products and lightly regulate them nationally. The Hemp Economic Mobilization Plan (HEMP) Act, among other requirements, would define “hemp” as...

Online Auction Oct. 25 For Skymint Receivership Property And Cannabis

Oct 9, 2024 | Feature, Great Lakes Region, Michigan

Gene R. Kohut of Trust Street Advisors, as court-appointed receiver of Green Peak Industries (aka Skymint), will conduct an auction for the sale of cannabis equipment and/or personal property assets owned by Skymint, one of the largest network of dispensaries in...

Study: Sustained Use of Medical Cannabis Is Not Associated With Changes in Either Brain Morphology or Cognitive Performance

Oct 9, 2024 | National

Adults who regularly consume medical cannabis products do not experience any significant adverse changes in either brain morphology or cognitive performance, according to longitudinal data published in the journal JAMA (Journal of the American Medical...