The Business of Cannabis

Skymint Not The Only Michigan Cannabis Company In Receivership

Mar 22, 2023 | Feature, Great Lakes Region, Michigan

The news of Green Peak Industries, which operates under the brand name Skymint and went into receivership earlier this month is the most notable of Michigan companies in receivership – at least four other well-known companies are struggling. According to...

Five Suspects In Bay County Marijuana Shop Burglary, Police Chase Charged With 27 Counts

Mar 22, 2023 | Great Lakes Region, Michigan

Last week, five young men from downstate were arrested after allegedly burglarizing a Bay County marijuana store then leading police on a two-county chase. The pursuit ended after the alleged thieves’ crashed their stolen truck into a civilian’s vehicle, then were...

Kids Taken From Family Following Marijuana Arrest Remain In Tennessee State Custody Following Hearing

Mar 22, 2023 | National

Five children taken from a Black family after a traffic stop in Coffee County will remain in the custody of the Department of Children’s Services following a hearing in juvenile court on Monday. Bianca Clayborne and Deonte Williams were pulled over by the...

CRA Director Brian Hanna Updates Michigan Cannabis Regulations

Mar 15, 2023 | Feature, FOUR20 Post, Great Lakes Region, Michigan

Brian Hanna, Executive Director of the Michigan Cannabis Regulatory Agency, joins Four20 Post Live to answer questions about CBD sales, adult-use sales, and his prediction that medical marijuana sales will make a comeback in 2023. If you are in the Michigan cannabis...

Canadian Investor To Keep Skymint Open Until Sold Or Restructured

Mar 15, 2023 | Feature, Great Lakes Region, Michigan

Canadian-based cannabis lender SunStream Bancorp said it would keep existing Skymint employees and “certain key management” in place to keep Michigan’s second largest cannabis retailer running before it is either sold or restructured....