The Business of Cannabis

Michigan Dispensaries Reminded About Proper Disposal After Weed Taken By Dumpster Divers

Jan 31, 2024 | Feature, Great Lakes Region, Michigan

People scouring dumpsters of dispensaries are finding marijuana products, and the state wants it to stop. The Michigan Cannabis Regulatory Agency (CRA) sent a reminder to licensees Tuesday about proper disposal of pot. This reminder comes after multiple...

Survey: 32% Of Cannabis Consumers Would Return To Illicit Market If Schedule III Limits Access

Jan 31, 2024 | National

About one-third of cannabis consumers say that if the expected federal shift to Schedule III were to require prescription-based transactions at pharmacies instead of the well-established dispensary model, they would go back to relying on the illicit market. About...

Another Cannabis Company To Exit Receivership Under New Owner

Jan 31, 2024 | Feature, Great Lakes Region, Michigan

Another embattled Michigan cannabis company is likely going to end up in the hands of its lenders. Jackson-based Comco LLC, doing business as Comco Wellness, is being put on the auction block by a court-ordered receiver after nine months in Jackson County Circuit...

Senate Democrats Urge Biden To Deschedule Marijuana Entirely

Jan 31, 2024 | National

A group of 12 Senate Democrats on Monday urged the Biden administration to remove marijuana from the list of harmful drugs outlawed by the federal government, arguing that simply reclassifying it as less dangerous would be insufficient. Marijuana...

Michigan Cannabis Dispensary Gets $212,000 Fine After CRA Inspectors Find Pot In The Attic

Jan 31, 2024 | Feature, Great Lakes Region, Michigan

Inspectors found a black garbage bag containing nearly 20 pounds of untagged, untracked marijuana in the attic of a marijuana shop in Tuscola County’s Vassar. That’s one of the seven violations Michigan marijuana regulators cited in a Jan. 25 statement announcing...