Weed Companies Make More Money Selling Beer Than Pot
Tilray Brands Inc.’s big bet on legal cannabis is proving so overoptimistic it is now relying on the alcohol market it once aimed to disrupt. A long-awaited easing in US cannabis laws, known as rescheduling, is still at least months away, leaving in place suffocating...
Study: Cannabis Job Market in Michigan Growing
Vangst, a Denver-based cannabis industry jobs platform, has released its 2024 Jobs Report which states Michigan, along with Missouri, led the nation by adding more than 10,000 jobs in the cannabis industry in 2023. The 2024 Vangst Jobs Report, completed in partnership...
After Cannabis Linked To Higher Stroke Risk, Michigan Doctor Calls For More Research
Public perception regarding the risks associated with marijuana use has been on the decline in recent years as more states legalize the drug for medical and recreational purposes. However, health officials like neurologist Angelos Katramados, director of the acute...
Smell Of Pot Not Enough To Justify Search, Illinois Supreme Court Rules
The scent of cannabis smoke alone is not enough to justify a police search of a vehicle, the Illinois Supreme Court ruled Thursday. In a 6-0 ruling, the court found that cannabis laws in Illinois had evolved to the point that just catching a whiff of burnt weed is no...
Colorado Blames Cannabis Sales Decline Due To Maturing National Market
The ongoing struggles of the oldest legal recreational marijuana market in the nation, Colorado, can be traced back to the successes of the cannabis legalization movement in other states, along with oversupply and market saturation, according to a report...
Cannabis Regulatory Agency Reminds Industry Of New Testing Requirement For MCT Oil Beginning October 1
In June, Michigan’s Cannabis Regulatory Agency (CRA) issued a technical bulletin announcing that MCT (medium-chain triglyceride) oil will be added as a target analyte for marijuana vape cartridges as part of the Sampling and Testing Technical Guidance for Marijuana...
Understanding Cannabis-Related Taxes With The Michigan Department of Treasury
The Cannabis Regulatory Agency will feature Sarah Rusnell, outreach manager, with the Michigan Department of Treasury, Sept. 26 at 10 am in a zoom conference. Join Rusnell to learn about taxes related to the sale of cannabis in Michigan: sales tax, use tax on...
27% Of Older Michigan Adults Used Pot In Past Year, U-M Poll Contends
More than a quarter of Michigan residents age 50 or older have used cannabis products containing the psychoactive component THC at least once in the past year, according to a new University of Michigan poll released Thursday. That's a higher percentage (27%) compared...
Michigan’s Cannabis Tax Revenue Declined In Q2
The United States Census Bureau published its latest second-quarter data for cannabis tax revenue for states with a legal market. The East Coast markets saw the most increases, while the West Coast markets saw declines. Michigan reported a drop of 3.7% while still...
Marijuana Legalization ‘Significant Threat’ To Alcohol Industry, Analysts Contend
Financial analysts say they expect the expansion of the marijuana legalization movement will continue to post a “significant threat” to the alcohol industry, citing survey data that suggests more people are using cannabis as a substitute for alcoholic beverages such a...
