The Business of Cannabis

Canadian Investor To Keep Skymint Open Until Sold Or Restructured

Mar 15, 2023 | Feature, Great Lakes Region, Michigan

Canadian-based cannabis lender SunStream Bancorp said it would keep existing Skymint employees and “certain key management” in place to keep Michigan’s second largest cannabis retailer running before it is either sold or restructured....

New Mexico Legal Marijuana Sales Grow To $41.6 Million In February

Mar 15, 2023 | National

Sales of legal adult-use and medical marijuana in New Mexico totaled $41.6 million in February, according to figures released by the state’s cannabis regulator. The monthly total represents a roughly 3.5% month-over-month increase from January’s sales total of...

Legal Adult-Use Cannabis Poses Challenges To Employers

Mar 15, 2023 | National

Employers in New York have a lot of questions now that adult-use cannabis is legal, and it will likely require internal reviews of company policies to ensure they are clear, but that they also comply with changes in labor law. About eight of out 10 employers that...

Liberty Cannabis Throwing St. Patrick’s Day Party With Free Snacks, Music, Merchandise for $3.13

Mar 13, 2023 | Great Lakes Region, Michigan

Liberty Cannabis, a medical and adult-use dispensary in Detroit’s Corktown neighborhood, is throwing a block party to celebrate St. Patrick’s Day on Sunday. The dispensary at 2540 Rosa Parks Blvd. will be providing free snacks, music, live art, free merchandise, and...

Skymint, One of Michigan’s Largest Cannabis Verticals, Now In Receivership

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

Skymint, one of Michigan’s largest marijuana cultivators and retailers, is now under the control of a receiver. The action by the Ingham County Circuit Court in Lansing signals what could be one of the largest marijuana company failures in the U.S. in the nearly...