The Business of Cannabis

Marijuana Momentum Heats Up Across The US

Jan 31, 2024 | Feature, National

We’re only a couple weeks into this year’s legislative season, and we’re already seeing a flurry of activity in state capitols nationwide. NORML is tracking dozens of cannabis-related bills in our Take Action Center. We have our eyes on legalization efforts in...

Another Cannabis Company To Exit Receivership Under New Owner

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

Another embattled Michigan cannabis company is likely going to end up in the hands of its lenders. Jackson-based Comco LLC, doing business as Comco Wellness, is being put on the auction block by a court-ordered receiver after nine months in Jackson County Circuit...

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...