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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...

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...