LATEST STORIES
Lume Looks To Florida To Sell Hemp-Derived THC
As oversupply hammers prices and the industry remains walled off from other states' markets, Michigan’s largest cannabis company is heading south to sell a different kind of weed. Evart-based...
Detroit Entrepreneurs Create Crypto Fix For Cash-Only Dispos
ATM fees at dispensaries are a buzzkill. A vast majority of cannabis retailers won’t take debit or credit cards because marijuana is still illegal on the federal level, leaving customers with no...
NORML Study: Cannabis Use In Older Patients Associated With Improved Quality Of Life, Lower Demand For Prescription Drugs
The use of medical cannabis products by qualified patients ages 50 and older is associated with a reduced need for prescription medications and significant health-related quality of life...
Federal Tax Code Allows Cannabis Companies To Write Off Cost Of Goods Sold
Amid fresh uncertainty over federal marijuana rescheduling, cannabis businesses of all sizes face questions around what the best tax strategy may be for the upcoming filing season, especially as...
Michigan Municipalities Feel The Benefit Of Cannabis Tax Rebates
Local governments in Michigan will receive $58,228 for every licensed marijuana business that operates in their communities. On Friday, the state government announced that this year’s allocation is...