The Business of Cannabis

Legal Seesaw In Auburn Hills Could Put 3 Of 4 Cannabis Licenses Available In Hands Of One Real Estate Developer

Jun 28, 2023 | Feature, Great Lakes Region, Michigan

Cannabis real estate developer Jeffrey Yatooma could soon have dominance of Auburn Hills’ marijuana market. Yatooma’s impending dominance comes after a creative and successful ballot initiative that led to Auburn Hills voters approving weed businesses in...

Unionization Coming To Michigan’s Cannabis Industry

Jun 28, 2023 | Feature, Great Lakes Region, Michigan

Unionization among marijuana retail workers is gaining traction despite pushback from larger companies. The industry’s financial instability and its interest in unionization go “hand-in-hand,” said John Cakmakci, president of United Food & Commercial Workers Union...

Could Debt ‘Domino Effect’ Topple Michigan’s Multi-Billion Dollar Cannabis Businesses?

Jun 28, 2023 | Feature, Great Lakes Region, Michigan

Mounting debt and folding businesses are shaking the foundation of Michigan cannabis’ financial future. Michigan’s marijuana market has two growers for every retailer, fueling a price plummet in flower and distillate, found in edibles, vapes and concentrates. Add in a...

Anti-Cannabis Group Sues New York Over Legalization

Jun 28, 2023 | National

A group of anti-cannabis parties has banded together to sue the State of New York including Governor Kathy Hochul, the Cannabis Control Board and the Office of Cannabis Management. The case was filed on June 20, 2023. New York passed the Marijuana...

Second Annual National Cannabis Patients’ Awareness Day July 10

Jun 28, 2023 | National

Nearly two dozen states from coast to coast are slated to participate in the second annual National Cannabis Patients’ Awareness Day, held on Monday, July 10, according to a press release. The nationwide event, timed to coincide with the notable canna-culture holiday...