The Business of Cannabis

Michigan Cannabis Tax Collections For 2023 To Be Shared With Municipalities And Counties $87 Million, 46 Percent Increase From 2022

Mar 1, 2024 | Feature, Great Lakes Region, Michigan

The Michigan Treasury Department reported Feb. 29 that 198 municipalities will receive $43.5 million from marijuana taxes collected from 737 cannabis dispensary licenses, while 71 of the state’s 83 counties will reap the same $43.5 million in cannabis taxes. The...

Pontiac Plots Next Steps After Voters OK New Guidelines For Cannabis Dispensaries

Feb 28, 2024 | Feature, Great Lakes Region, Michigan

Marijuana dispensaries could finally open in Pontiac after voters passed a ballot proposal Tuesday night to allow 17 recreational marijuana retailers and set up the guidelines city officials have to follow when granting licenses to businesses. Two recreational...

Algonac Voters Narrowly Reject Marijuana Proposal

Feb 28, 2024 | Great Lakes Region, Michigan

Algonac voters on Tuesday narrowly defeated a voter-initiated marijuana ordinance amendment proposal. The ordinance proposal asked if a proposed initiated ordinance amendment in the city of Algonac to repeal the city’s ordinance “Division 5-Marihuana, Sec....

Pre-Roll Robot Hits Cannabis Market:1,000 Joints Per Hour Without The $500K Price Tag

Feb 28, 2024 | National

Sorting Robotics, co-founded by ex-NASA-JPL engineers and known for introducing the first automated pre-roll infusion machine, has launched AuraOne – a cutting-edge robot designed to produce over 1,000 pre-rolled joints per hour. In an...

Ohio Marijuana Regulator: 300 Dispos Could Open By Sept. 2026

Feb 28, 2024 | Great Lakes Region

Ohio’s top cannabis regulator anticipates there could be up to 250 to 300 marijuana dispensaries selling product for adult-use by September 2026. James Canepa, superintendent of the Ohio Division of Cannabis Control, said his estimate is based on language 57%...