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...
Ohio Republicans To Overrule Voters On Cannabis Regulations By End Of June
Ohio Republicans plan to pass recreational marijuana reform by the end of June. Both the House and Senate are working together to create restrictions, which have drawn criticism from legalized marijuana supporters around the state. Under the law passed by Ohio voters...
20 Michigan Dispos That Offer Deals For New Customers
Looking for the best first-time customer deals at Michigan dispensaries? You’re in the right place. There are now more than 800 licensed dispensaries operating across Michigan—and nearly all of them are ready to hook you up with exclusive perks just for...
Thailand Does U-turn On Recreational Cannabis Use
Thailand decriminalized cannabis in 2022. However, it did so without a comprehensive law regulating its sale, production or use. Since then, tens of thousands of licensed dispensaries and retailers selling cannabis and cannabis extracts have opened across the country,...
July 18-19 – Lansing – Cannacon
Cannacon Lansing is a pivotal event for cannabis industry professionals in the Midwest. Scheduled for July 18-19, 2025, at the Lansing Center in Lansing, Michigan, this event offers a unique platform for cannabis entrepreneurs and business operators to connect, learn,...
