Jan 24, 2024 | Canada, International
Shareholders of Organigram Holdings Inc. approved tobacco giant British American Tobacco’s “transformational” investment in the Canadian cannabis producer, the company said following its annual general and special meeting. The deal, first announced last November,...
Jan 24, 2024 | Feature, Great Lakes Region, Michigan
The Michigan Chamber of Commerce said last week that a rash of recent break-ins at legal marijuana retailers in the state underscores the need for federal cannabis banking reform, which the group says would reduce the risks of theft and fraud that stem from the...
Jan 24, 2024 | Feature, Great Lakes Region, Michigan
The Michigan marijuana industry reached a new milestone in 2023: $3.08 billion in total sales. That’s $300 per man, woman and child. Despite 30% growth over the the $2.3 billion sold in 2022, insiders believe the market is increasingly saturated and headed for a...
Jan 24, 2024 | Great Lakes Region
According to information from the state, Illinois has issued 55 infuser licenses, with the first two granted in October 2022. However, as of January 4, only 10 infusers had received approval to operate. Social equity infusers are entering into and attempting to...
