News and Information about the Business of Cannabis

Monroe Street Fair Pulls The Plug In 2026

After decades of providing a sales venue at the annual Ann Arbor Hash Bash, the Monroe Street Fair will not take place this year, said Owner Charlie Strackbein. He made the annoucement on the Monroe Street Fair Facebook page. “After many years, the...

Cannabis Businesses Having Major Impact In New Buffalo Township

For the past two years, much of the public conversation surrounding cannabis in New Buffalo Township has focused on traffic, crime and community concerns. But alongside that debate, another story has been unfolding, one centered on financial investment,...

The Cannabis Job Miracle?

In the boardrooms and legislative offices of Lansing, the green rush is often framed as a historic victory for Michigan’s labor market. By the end of 2025, economic reports touted cannabis as the state’s leading driver of new private-sector job creation. On...

Lüt Expands Compliant Cannabis Payment Platform To Michigan

Lüt, a closed-loop digital payments platform for cannabis and other high-risk industries, announced a partnership with Frankenmuth Credit Union to support compliant, cashless payments for licensed cannabis businesses in Michigan. Through the collaboration,...
Maine: Cannabis Sales Tax Hike Takes Effect

Maine: Cannabis Sales Tax Hike Takes Effect

Sales taxes on the purchase of adult-use cannabis products rose nearly 30 percent on January 1, as new legislation took effect. Under the new tax law, which lawmakers approved last year, consumers must pay a 14 percent sales tax on adult-use marijuana...

Supreme Court Fight Over Cannabis Commerce May Be Starting

Supreme Court Fight Over Cannabis Commerce May Be Starting

What happened: The federal Ninth Circuit Court of Appeals split with two other circuit courts in ruling that the U.S. Constitution’s dormant commerce clause does not cover cannabis while it remains federally illegal. The ruling could lead to a Supreme Court review and...

Is 280E Tax Relief Immediate?

Is 280E Tax Relief Immediate?

Marijuana rescheduling doesn't go into effect overnight, and many questions are left unanswered. But MJBizDaily tries to answer some of the industry's most pressing concerns. On top of the practical questions, such as what exactly this does and when it happens, some...