The Business of Cannabis

Michigan’s Cannabis Legalization Damages Black Market

Jul 19, 2023 | Great Lakes Region, Michigan

For most of his adult life, Marcus slung bags of high-quality marijuana to a discreet clientele in Detroit. The money was good, and the job was easy. The 31-year-old says he made more than $1,000 a week, enough to pay the bills and stay out of the corporate grind that...

Midland County Robbery Suspect Targeted Cannabis Grow, Shot By Homeowner

Jul 19, 2023 | Feature, Great Lakes Region, Michigan

Approaching a Midland County home in the dead of night, six men apparently had ambitions to rob the residents of their marijuana growing operation. Things didn’t quite go according to plan. Rather than make off with the cash crop or money, one of the six received a...

Study: Cannabis Use Enhances ‘Runner’s High’ During Exercise

Jul 18, 2023 | National

WASHINGTON DC – The use of cannabis prior to running is associated with greater feelings of enjoyment and tranquility, according to data published in the journal Cannabis and Cannabinoid Research....

Massachusetts Posts Record $151.8 Million In June Cannabis Sales

Jul 12, 2023 | National

Sales of legal marijuana in Massachusetts reached new heights in June, when combined recreational and medical cannabis transactions totaled $151.8 million. Marijuana sales increased by nearly 2.6% over May’s combined sales total. The June figure includes $132.8...

Michigan Wholesale Cannabis Prices Stabilize After Steep Drop – For Now

Jul 12, 2023 | Feature, Great Lakes Region, Michigan

Wholesale marijuana flower prices in Michigan have leveled off and ticked upward in recent months, offering cause for cautious optimism among producers who suffered as prices plummeted during the past few years. Michigan is a key state market for legal...