The Business of Cannabis

Green Township Wants Mecosta County Cannabis Revenue To Pay For Gotion EV Plant Litigation

Jun 11, 2025 | Feature, Great Lakes Region, Michigan

Green Township in central Michigan is engaged in a protracted legal battle with battery parts manufacturer Gotion Inc. Now it wants to use about $200,000 of Mecosta County’s marijuana excise tax revenue to pay for its legal bills. Green Township Supervisor Jason...

Pot Stock Euphoria Vanishes As US Legalization Remains Elusive

Jun 11, 2025 | National

The stock market’s marijuana boom is over. And for the once high-flying cannabis industry, a euphoric dream of never-ending growth has turned into a survival nightmare as it navigates through the bust. The comedown has been brutal, with the largest exchange-traded...

Four20 Post Women in Cannabis Leadership Honoree Brandi Rice-Simpson

Jun 11, 2025 | Feature, FOUR20 Post

Brandi Rice-Simpson started her cannabis journey in California in 2011 when she started Hemphill Wellness, focused mainly around educating consumers and testing. She partnered with Iron Labs and with caregivers across Michigan and brought tested cannabis to the...

Ohio Legislature Proposed Changes To Voter-Approved Recreational Cannabis Could Drive More Consumers To Michigan

Jun 11, 2025 | Great Lakes Region

A host of changes proposed by the Ohio legislature to heavily modify the voter-approved recreational cannabis laws, plus a doubling of the cannabis tax, could seriously impact the Ohio cannabis market and drive more consumers to Michigan, experts contend. On Feb. 26,...

Study: Hotels See Significant Boost In Revenue Following Cannabis Legalization

Jun 6, 2025 | Feature, National

A new study exploring the impacts of adult-use marijuana legalization on the hospitality industry finds that “hotel revenue increases by 25.2% (or $63,671 monthly) due to dispensary legalization, with the effect continuing to grow even six years after legalization.”...