The Business of Cannabis

Detroit City Council Eases Space Requirements For Cannabis Businesses

Aug 8, 2023 | Feature, Great Lakes Region, Michigan

Cannabis businesses will have an easier time finding a location to open in Detroit after the city council narrowly approved an amendment to its recreational marijuana ordinance on Tuesday that reduces the space needed between weed establishments and certain other...

Former FDA Regulator Predicts Cannabis Rescheduling This Year

Aug 8, 2023 | National

A longtime attorney at the U.S. Food and Drug Administration who helped found the agency’s Marijuana Working Group in 2014, Howard Sklamberg is now involved in federal cannabis policy on behalf of multistate operator Columbia Care. Sklamberg recently spoke...

Illinois Hits 2023 High Mark With $140 Million In July Sales

Aug 8, 2023 | Great Lakes Region

Illinois marijuana dispensaries have set a new bar for the year after topping $140 million in sales for July, according to state figures. The only other time the Illinois cannabis market sold that much in a single month was December last year, when sales passed $143...

Proximity Key To Getting Cannabis Buyers To Legal Stores, Study

Aug 6, 2023 | National

For marijuana retailers, it’s no secret: Customers like buying weed close to home, if they can. New research into Canada’s regulated cannabis market supports that intuition: Consumer proximity to government-regulated stores increases the odds that people will source...

Study: Celebrity Pot Brands Outperform Traditional Brands

Aug 6, 2023 | National

It’s no secret that celebrity-backed marijuana brands – such as actor Seth Rogen’s Houseplant or rapper Wiz Khalifa’s Khalifa Kush – can leverage legions of fans and social media followers to attract consumer attention and buzz. An MJBizDaily comparative analysis of...