The Business of Cannabis

March Michigan Cannabis Sales Record $289 Million, 16 Percent Higher Than 2023

Apr 16, 2024 | Feature, Great Lakes Region, Michigan

Michigan’s cannabis sales in March soared to a monthly record $289 million, a 15.7 percent increase compared to March 2023’s total sales of $250 million. According to Michigan’s Cannabis Regulatory Agency statistical report, the dynamics of adult and...

Minnesota Legal Supply In Question As Marijuana Bill Moves Forward

Apr 15, 2024 | National

A couple of token changes in Minnesota’s new marijuana bills are highlighting concerns about whether a legal supply will be available when retailers launch sometime next year. A long list of people are hoping to spark up new cannabis businesses in Minnesota....

New York Legal Cannabis Market Up By A Third From A Year Ago First Quarter

Apr 15, 2024 | National

New York’s legal cannabis industry hit a new high this week  — with more than 100 licensed pot shops now open across the Empire State, officials said Thursday. Of the 103 marijuana sellers in business, 44 are located in New York City. Nineteen other...

Marijuana Trade Group Urges U.S. Congress To Regulate Intoxicating Hemp Like Cannabis

Apr 15, 2024 | National

A marijuana trade group is urging the U.S. Congress to regulate intoxicating hemp compounds separately from non-psychoactive seed- and fiber-derived byproducts, calling for a more restrictive definition of industrial hemp in the next Farm Bill. The U.S. Cannabis...

Hemp Composite Featured In New Electric Bike From Harley-Davidson-Owned Manufacturer

Apr 12, 2024 | Great Lakes Region

A Harley-Davidson-owned electric motorcycle producer is using hemp-based composite in the fenders of a newly introduced model. Milwaukee, Wisconsin-based LiveWire Group, Inc. said it introduced hemp and other sustainable materials in key components for the first time...