The Business of Cannabis

Gov. Whitmer Consolidates Cannabis and Hemp Regulations Into Cannabis Regulatory Agency 

Feb 14, 2022 | Feature, Great Lakes Region, Michigan

Governor Gretchen Whitmer on Friday issued an executive order to consolidate the regulatory bodies within the State of Michigan that oversee cannabis and hemp processing, distribution. She said in a press release that the move was to improve efficiency. The agency...

Michigan Adult-Use Cannabis Sales Decline 9 Percent In January From December, But Up 41 Percent From A Year Ago

Feb 10, 2022 | Feature, Great Lakes Region, Michigan

LANSING – After a record-setting December and an equally booming 2021, Michigan’s adult-use cannabis sales decreased 9 percent to $152.6 million in January though 41 percent up from a year ago. The Michigan Marijuana Regulatory...

Michigan Cannabis Market Consolidating

Feb 9, 2022 | Great Lakes Region, Michigan

It has been a remarkably smooth and successful ride for Michigan’s cannabis industry, and regulators hope to keep it that way as the growing network of suppliers and sellers face an inevitable period of consolidation and stubborn competition from old-school street...

2 Canadian Cannabis Growers Put On Notice By Nasdaq Over Low Stock Prices

Feb 2, 2022 | Canada

At least two large Canadian cannabis companies have been notified by the Nasdaq that their shares do not meet the stock exchange’s listing standards. Quebec-based Hexo Corp. and Calgary-headquartered Sundial Growers said they both recently received notices from the...

Four20 Post: Hemp In Food Products, THC in Wine?

Jan 26, 2022 | Feature, FOUR20 Post, Great Lakes Region, Michigan

On Four20 Post Jan. 26, Blain Becktold from iHemp discussed Michigan House Bill 5061 that would allow “industrial hemp” to be added to food products. That is cannabis below 0.3 percent THC. Also on the show Russ Chambers from Carbidex announced his company...