The Business of Cannabis

2025 Forecast: Up To One Third Of Growers Could Go Out Of Business In Michigan

Jan 22, 2025 | Feature, Great Lakes Region, Michigan

Last year was nothing short of a rollercoaster for Michigan’s 5-year-old legal cannabis industry, but 2025 is shaping up to be even more turbulent. Industry insiders are bracing for volatility that could wipe out 20 to 30% of growers. The state’s legal market brought...

Cannabis Smell From HiCloud Outdoor Grow Triggers Lawsuit

Jan 22, 2025 | Feature, Great Lakes Region, Michigan

A West Michigan couple, who have been outspoken against the state’s legal marijuana industry, are suing the state’s top cannabis regulator, their local township leaders and a business for expanding its outdoor marijuana grow operations near their home. The lawsuit,...

Former High Times Chairman Adam Levin Agrees To Plead Guilty In Criminal Conspiracy Case

Jan 22, 2025 | National

The founder and chairman of Hightimes Holding Corp., the company that publishes High Times magazine, has agreed to plead guilty to joining a criminal conspiracy to pay more than $150,000 in undisclosed compensation to an analyst for an investment newsletter that...

New Tolling Transfer Type In Metrc

Jan 22, 2025 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency announced the launch of a new transfer type in Metrc this month: the tolling transfer. The tolling transfer allows licensees to attach a PDF copy of the tolling agreement to the manifest for easier tracking. The CRA’s Financial...

U.S. Court Upholds Restrictions on delta-8, and delta-10 Hemp In Virginia, As Farm Bill Looms

Jan 22, 2025 | National

A U.S. appeals court has upheld a Virginia law that strictly limits the sale of intoxicating hemp products. The decision marks a significant blow to the hemp industry’s legal challenges against state regulations, affirming that Virginia’s law does not conflict with...