The Business of Cannabis

California Issues Emergency Regulations To Ban Intoxicating Hemp Products

Sep 11, 2024 | National

California Gov. Gavin Newsom on Friday issued emergency regulations for intoxicating products derived from hemp. The regulations, proposed by the California Department of Public Health (CDPH), would result in “complete retail prohibition on 90%-95% of popular hemp...

Florida Young Republicans Endorse Recreational Marijuana On Ballot

Sep 11, 2024 | National

The Florida Young Republicans have endorsed the state’s recreational marijuana ballot measure. The move by the group, which defines itself as “Florida’s premier young conservative leadership organization,” conflicts with ardent...

Mint New Buffalo Dispensary Hosts Hiring Event Sept. 14

Sep 11, 2024 | Feature, Great Lakes Region, Michigan

Mint Cannabis, operator of six retail locations in Michigan – with two more scheduled to open soon in New Buffalo and Roseville – is hiring for immediate positions for its retail location in New Buffalo. During a hiring event held this Saturday, Sept. 14, from 10 a.m....

CRA Announces Savings For Licensees On Monthly Statewide Monitoring Fees

Sep 11, 2024 | Feature, Great Lakes Region, Michigan

Beginning in October, the Cannabis Regulatory Agency will use revenue generated from licensing fees to begin paying the monthly statewide monitoring fees that are currently paid by licensees, the CRA said in a press release. “Recently, stakeholders in the marijuana...

Michigan August Cannabis Sales Record $295.5 Million

Sep 11, 2024 | Feature, Great Lakes Region, Michigan

In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down...