The Business of Cannabis

Scientists Discover New Cannabis Compound With ‘Remarkable Antioxidant And Skin Anti-Inflammatory’ Benefits

Oct 5, 2025 | National

A new cannabis compound that appears to have “remarkable antioxidant and skin anti-inflammatory” properties has been discovered by scientists. The isolated cannabinoid, classified as cannabizetol (CBGD), shows promise for the expanding base of knowledge regarding the...

Michigan Legislature Approves 24 Percent Pot Wholesale Tax

Oct 3, 2025 | Feature, Great Lakes Region, Michigan

Michigan lawmakers unveiled and approved a long-awaited budget that makes funding cuts to many state agencies while allocating an extra $1.1 billion to the Michigan Department of Transportation, which is responsible for fixing state roads and bridges. And shortly...

Feds Call Marijuana A ‘Deadly’ Drug And Say Even Medical Cannabis Has ‘Serious Consequences’

Oct 1, 2025 | National

Federal officials are calling marijuana a “deadly” drug—touting their efforts to seize it and other illegal substances—while also warning that possessing cannabis, even for medical use, carries “serious consequences.” As President Donald Trump considers a cannabis...

Lume Cannabis Buy 3 Former Gage Dispos In Grand Rapids, Center Line, Morenci

Oct 1, 2025 | Feature, Great Lakes Region, Michigan

Lume Cannabis Co. announced in a press release it plans to acquire and operate former Gage Growth locations in Grand Rapids, Center Line and Morenci, showcasing the company’s continued growth and its fiscal stability in Michigan’s competitive cannabis market. The...

California Cannabis Company Buys Pharmhouse Wellness Dispo In New Buffalo, Michigan’s Hottest Market

Oct 1, 2025 | Feature, Great Lakes Region, Michigan

Grand Rapids-based Pharmhouse Wellness Co. has exited the Western Michigan market after selling the company’s second dispensary to a California-based brand in a deal valued at $3.5 million. The transaction had Pharmhouse founder and CEO Casey Kornoelje heeding his own...