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Record Adult-Use Purchases Lead Michigan Cannabis Sales 59 Percent Higher In October To $163.5 Million
With an additional day compared to September, Michigan cannabis sales in October advanced 1.3 percent to $163.5 million, up 58.8 percent from a year ago. The Michigan Marijuana Regulatory Agency...
Lume Cannabis Opens 27th Store In Michigan
Lume Cannabis Co. opened its twenty-seventh Michigan store Nov. 12 in Mt. Pleasant. The opening comes on the heels of Lume hiring its one thousand employee on Oct. 25. “From hiring our 1,000th...
The Industrial Hemp Industry: An 18.6 Billion Dollar Market by 2027
According to the latest Allied Market Research Report, the technological advancements in cultivation and machinery able to develop hemp plants more efficiently will propel the global industrial hemp...
Gallup Poll: Americans’ Support for Marijuana Legalization Holds At Record High
The percentage of Americans who believe that “the use of marijuana should be legal,” remains at a record high, according to nationwide polling data reported today by Gallup. Sixty-eight...
JP Morgan Chase Will No Longer Let Clients Buy Certain Cannabis Securities
JPMorgan Chase & Co announced it will no longer let its prime brokerage clients buy certain U.S. cannabis-related securities, according to a letter outlined by Reuters. The move follows similar...