May 22, 2024 | Feature, Great Lakes Region, Michigan
Michigan marijuana retailers sold about 9.3% more cannabis in April than in March, but they brought in about 3.5% less money. Flower sold from the CRA report is $124,074,521 total for 89,539.56 pounds for $86.61 per ounce. The rest of cannabis sales revenue was...
May 22, 2024 | Great Lakes Region, Michigan
Ann Arbor plans to continue using marijuana money to fund social services. City Council unanimously adopted a new city budget Monday night, May 20, after making amendments to put $1 million of the city’s annual tax revenue from marijuana businesses toward various...
May 22, 2024 | Feature, National
The Drug Enforcement Administration’s proposed rule to move cannabis to Schedule III hit the federal register today, starting the 62-day public comment period ending in July. Read the details below. Action Notice of proposed rulemaking. Summary The Department of...
May 17, 2024 | Feature, National
The U.S. Department of Justice (DOJ) is officially moving to reclassify marijuana as a Schedule III drug, a less dangerous category than Schedule I in which it is now classified, the Biden administration announced yesterday. Biden called the development “monumental”...
