The Business of Cannabis

Skymint Acquired Out Of Receivership By Canadian Lender

Oct 16, 2023 | Feature, Great Lakes Region, Michigan

An Ingham County Circuit Court judge approved the auction asset sale to Canadian lender Tropics LP on Oct. 12. Tropics LP, under a new entity called Skymint Acquisition Co., acquired the assets of Green Peak Industries, doing business as Skymint, for $109.4 million....

New Marijuana Breathalyzer Aims To Detect Workplace Cannabis Use

Oct 16, 2023 | National

There’s a new device hitting the market aimed at cracking down on cannabis use during work hours. Created by Hound Labs, the Hound Cannabis Breathalyzer is considered the first breath test to isolate recent cannabis use. Traditional drug tests can detect THC in your...

Video Library Updates From CRA’s Social Equity Team

Oct 16, 2023 | Feature, Great Lakes Region, Michigan

The Social Equity Team reminds social equity participants to check out the new additions to the 2023 Video Library on the CRA website: Talent Acquisition and Retention in Cannabis Businesses with E4 Bioscience Personal Protective Equipment Standard with MIOSHA Program...

Michigan Cannabis Sales In September Remain Flat For Second Consecutive Month

Oct 16, 2023 | Feature, Great Lakes Region, Michigan

Michigan cannabis sales in September came in at $274.7 million, a half percent decline from peak sales of $276.7 million in July. But the good news is September cannabis sales were up nearly 30 percent from the same month a year ago, the Cannabis Regulatory Agency...

Marijuana Rescheduling Would ‘Supersize’ The Industry, Former DEA Heads And White House Drug Czars Warn Biden Administration

Oct 16, 2023 | National

Six former Drug Enforcement Administration (DEA) heads and five former White House drug czars have sent a letter to the attorney general and current DEA administrator, voicing opposition to the top federal health agency’s recommendation to reschedule marijuana. They...