The Business of Cannabis

New Buffalo Township Paused New Dispensary Applications With 35 Already In Hand

Mar 20, 2024 | Great Lakes Region, Michigan

New Buffalo Township has paused considering more marijuana dispensaries after already getting 35 license applications. Currently, only two dispensaries are open in the township. If all 35 are approved that would be more than in Detroit. Although they would create a...

Cannabis Taxes Paying For Roads, Parks, Public Safety In West Michigan

Mar 20, 2024 | Great Lakes Region, Michigan

Allowing regulated cannabis businesses is paying off for local governments across Michigan, where excise tax revenue is returning to fund projects such as road improvements and public parks.  The $87.1 million in excise tax revenue generated across the state in...

Former NBA Player Al Harrington Closes Viola Cannabis Dispensary In Detroit

Mar 20, 2024 | Feature, Great Lakes Region, Michigan

Former NBA player Al Harrington made a big bet on Detroit, choosing the city as the location of his national cannabis company Viola’s only cannabis dispensary. About four years after the medical marijuana retail store opened, 4473 W. Jefferson Ave., on...

White House Report Flags Law Enforcement Concerns About Marijuana Legalization For Congress

Mar 20, 2024 | National

A new report sent to Congress by the White House’s drug office spotlights concerns of law enforcement agencies around that country that claim marijuana legalization has not diminished the market for unlicensed cannabis products from illicit sellers. The White House...

Michigan February Cannabis Sales $261.1 Million, Up 10 Percent From January

Mar 20, 2024 | Feature, Great Lakes Region, Michigan

Michigan cannabis sales in February totaled $261.1 million, up nearly 10 percent from the $242.8 recorded in January. Total includes both adult-use and medical sales. Adult-use sales were $257.9 million, and medical only $2.2 million. For medical cannabis the average...