The Business of Cannabis

California Issues Emergency Regulations To Ban Intoxicating Hemp Products

Sep 11, 2024 | National

California Gov. Gavin Newsom on Friday issued emergency regulations for intoxicating products derived from hemp. The regulations, proposed by the California Department of Public Health (CDPH), would result in “complete retail prohibition on 90%-95% of popular hemp...

Florida Young Republicans Endorse Recreational Marijuana On Ballot

Sep 11, 2024 | National

The Florida Young Republicans have endorsed the state’s recreational marijuana ballot measure. The move by the group, which defines itself as “Florida’s premier young conservative leadership organization,” conflicts with ardent...

Marijuana Ban Proposal In Benzonia Township Invalidated By Court

Sep 11, 2024 | Great Lakes Region, Michigan

A ballot proposal to enact an ordinance to ban adult-use marijuana establishments in Benzonia Township has been removed from the Benzonia Township ballot by a court order. The ballot item asked voters if they wanted Benzonia Township to craft an ordinance that would...

CRA Announces Savings For Licensees On Monthly Statewide Monitoring Fees

Sep 11, 2024 | Feature, Great Lakes Region, Michigan

Beginning in October, the Cannabis Regulatory Agency will use revenue generated from licensing fees to begin paying the monthly statewide monitoring fees that are currently paid by licensees, the CRA said in a press release. “Recently, stakeholders in the marijuana...

Michigan August Cannabis Sales Record $295.5 Million

Sep 11, 2024 | Feature, Great Lakes Region, Michigan

In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down...