News and Information about the Business of Cannabis
Ohio Cannabis Sales Eclipse $87 Million In Less Than Two Months
Profits from sales of recreational marijuana are in the tens of millions, the Division of Cannabis Control reports. As of September 28, sales of recreational marijuana were reported to have exceeded $87.1 million of the more than $2 billion in total product sales...
FBI: Nearly One Quarter Of All Drug-Related Arrests Are For Marijuana Possession
Law enforcement officials made well over 200,000 arrests for marijuana-related violations in 2023, according to data compiled by the US Federal Bureau of Investigation and posted on its Crime Data Explorer website. According to the online database, which was...
Cannabis And Treasury Tax Registration With Michigan Treasury
The Cannabis Regulatory Agency is hosting Sarah Rusnell, outreach manager, and Brandi Branson, MTO lead analyst, with the Michigan Department of Treasury. to learn about the Treasury registration process for cannabis businesses in Michigan. Second in a series of four,...
As Central Ohio Cities Ban Cannabis Businesses, Reynoldsburg Seeks To Welcome Dispensary
As other central Ohio communities are prohibiting cannabis-based businesses from their communities, a marijuana dispensary is in the works for Reynoldsburg. The city's planning and zoning board approved a conditional use and variance earlier this month for...
Legal Pot Sales Higher In Michigan Than California
California became the weed capital of America in the popular imagination thanks to movies like Up in Smoke. But that’s changing as more states legalize the sale, consumption, and growth of marijuana. Michigan, for instance, now sells more than California, despite...
Howell To Vote On Adult Use Cannabis In November
Howell residents will vote on recreational marijuana businesses in November, despite efforts to strike the measure from the ballot and arguments the organizers behind the proposal aren't local. Last year, an Ypsilanti attorney named Anderson Grandstaff wrote a letter...
Black Market Cannabis Unchecked Under Michigan’s Law
Nearly a year after a landmark Michigan Court of Appeals ruling, Michigan’s illicit marijuana dealers have an economic edge. In a 3-0 opinion, the court ruled in October 2023 that Shaaln Kejbou, who was growing more than 1,100 marijuana plants without a...
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...
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- Formula 1 Drivers React To Cannabis Smell At Las Vegas Grand Prix: 'Everyone Would Test Positive'
- 80% Leverage, 5.5x EBITDA: Is Cresco The High-Risk, High-Reward Play Investors Need?
- EXCLUSIVE: How EQUA Tackles Stigma In Cannabis Insurance With Tailored Solutions
- Jupiter's Burnout: Can TILT Holdings Reverse Its Five-Year Vape Decline?
- US Overdose Deaths Decline As Fentanyl Potency Weakens, Harm Reduction Expands
- How To Navigate Difficult Psychedelic Journeys: Research Insights
- LEEF Brands Completes 10:1 Share Consolidation
- Nebraska's Cannabis Legalization Faces Courtroom Showdown Over Alleged Fraud
- 'The Most Authentic Celebrity Story In Cannabis': Khalifa Kush Exec
- Hemp-Focused CV Sciences Expands Via New Cannabis Acquisition, Here's What Investors Need To Know
- DEA Slammed For Unlawful Talks With Cannabis Opponents - The Plot Thickens
- Texas AG Ken Paxton Sues Dallas Over Cannabis Decriminalization Reform
- California Has The Finest Weed In The World, Says Lab Expert, And How To Save Its Struggling Market
- Trump's Pick for Attorney General Is No Matt Gaetz When It Comes To Cannabis Reform