The Business of Cannabis

27% Of Older Michigan Adults Used Pot In Past Year, U-M Poll Contends

Sep 18, 2024 | Feature, Great Lakes Region, Michigan

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%)...

Marijuana Legalization ‘Significant Threat’ To Alcohol Industry, Analysts Contend

Sep 18, 2024 | National

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...

How Can Cannabis Retailers Enhance Loyalty

Sep 18, 2024 | National

As a market matures, any market, several things happen. Products become more reliable and known, increasing brand loyalty. Dispensaries start offering these known brands because they want to maintain customer trust and loyalty. However, now that a consumer can go to...

Minnesota Native American Community Opens Hemp Fiber Processing Factory

Sep 18, 2024 | Great Lakes Region

A new hemp fiber processing facility opened by a Minnesota Native American community will need to source hemp crops from outside of tribal lands to make the factory operate efficiently, according to a project leader. Minnesota’s Lower Sioux Indian Community opened the...

Florida Marijuana: 90% Of Surveyed Patients To Vote For 2024 Marijuana Legalization

Sep 18, 2024 | National

In anticipation of Florida’s 2024 vote to legalize recreational marijuana, The Sanctuary Wellness Institute surveyed to gauge the opinions of their medical marijuana patients. The survey revealed overwhelming support for the legalization initiative and insights into...