The Business of Cannabis

Marijuana Sales Boom In Dry January As People Drink Less Booze

Jan 31, 2024 | National

Increasingly popular alcohol breaks like Dry January are buoying the emerging US cannabis market as more drinkers — especially younger ones — see marijuana as a healthier alternative. Emboldened by widening legalization in the U.S., cannabis sellers now actively...

Michigan Cannabis Dispensary Gets $212,000 Fine After CRA Inspectors Find Pot In The Attic

Jan 31, 2024 | Feature, Great Lakes Region, Michigan

Inspectors found a black garbage bag containing nearly 20 pounds of untagged, untracked marijuana in the attic of a marijuana shop in Tuscola County’s Vassar. That’s one of the seven violations Michigan marijuana regulators cited in a Jan. 25 statement announcing...

Cannabis Multi-State Operators Focusing On Wholesale Growth In 2024

Jan 25, 2024 | National

Retail license caps in some states and limited capital are forcing marijuana multistate operators to focus on wholesale cannabis sales growth in 2024. “It certainly was a focus in ’23, and I think will become even more of a focus in ’24,” said Jamie Mendola, chief...

Tobacco Giant’s CA$124 Million Investment In Marijuana Producer Organigram Approved

Jan 24, 2024 | Canada, International

Shareholders of Organigram Holdings Inc. approved tobacco giant British American Tobacco’s “transformational” investment in the Canadian cannabis producer, the company said following its annual general and special meeting. The deal, first announced last November,...

Free Night Skiing With The Purchase Of Cannabis Products Resumes At Michigan Ski Resort

Jan 24, 2024 | Feature, Great Lakes Region, Michigan

Mount Bohemia, Michigan, is back spinning the chairlifts after a slow start to the season, and you know what that means: free night skiing lift tickets every Thursday at Mount Bohemia with cannabis purchases from Lume dispensaries. Okay, maybe you didn’t know...