The Business of Cannabis

Lume Cannabis – From $2 Million In Annual Sales To $200 Million

Feb 21, 2024 | Feature, Great Lakes Region, Michigan

 In just four years, vertically integrated Lume Cannabis Co. grew sales from $2 million to closing in on $200 million, thanks to investments in technology and automation that cut production costs by 50%, and an engaged and experienced team. With a solid foundation in...

Cannabis Comes To Chesterfield Township When First Adult-Legal Dispo Opened Feb. 19

Feb 21, 2024 | Great Lakes Region, Michigan

Michigan voters said yes to recreational weed in 2018, but communities have struggled with how to manage it ever since. Many have opted out entirely. Chesterfield Township did just that, but it didn’t stand. A petition drive in 2022 got the issue put in...

Study: Daily Consumers Become Tolerant To Cannabis’ Psychomotor-influencing Effects

Feb 15, 2024 | National

Daily cannabis consumers exhibit fewer changes in performance than do those who use it less frequently, according to data published in the Journal of Cannabis Research. A team of investigators affiliated with the University of Colorado and the...

Study: Cannabis Not Associated With Higher Risk Of Motor Vehicle Accident

Feb 15, 2024 | National

The use of alcohol, but not cannabis, is associated with greater odds of suffering a motor vehicle crash requiring emergency care, according to case-control data published in the journal Accident Analysis and Prevention. A team of investigators from...

Clinical Trial: Cannabis Consumption Associated With Reduced Anxiety

Feb 15, 2024 | National

The use of state-legal cannabis products is associated with reduced levels of anxiety, according to clinical trial data published in the journal Cannabis and Cannabinoid Research. Investigators affiliated with the University of Colorado at Boulder...