Marijuana Business Archives

Michigan Treasury To Pay $58,200 From Cannabis Taxes For Every Licensed Dispo To Opt-In Cities Across The State

Michigan Treasury To Pay $58,200 From Cannabis Taxes For Every Licensed Dispo To Opt-In Cities Across The State

LANSING - The Michigan Department of Treasury on Feb. 21 announced that nearly $100 million is being distributed among 302 local entities and tribes as part of the Michigan Regulation and Taxation of Marijuana Act. Over the next few days, 108 cities, 36 villages, 80 townships, 74 counties and 4 tribes will receive payments from the Marihuana

By Guest Column|2025-02-21T16:31:59-05:00February 21st, 2025|Marijuana Business, News|

Michigan Matters On CBS Detroit: Michigan Cannabis Sales Top $10 Billion

Michigan Matters On CBS Detroit: Michigan Cannabis Sales Top $10 Billion

Photo Caption: From Left, Brian Hanna, Mike Brennan, Gus Rosania, and Carol Cain. SOUTHFIELD - Michigan's five-year-old adult-legal cannabis market, which cracked $10 billion in cumulative sales in December 2024, is the focus of Michigan Matters Sunday Feb. 23 with host Carol Cain. On the show is Cannabis Regulatory Agency Director Brian Hanna, University of

By Mike Brennan|2025-02-21T10:26:39-05:00February 20th, 2025|Featured, Marijuana Business, News|

Ohio Pot Costs Triple Michigan’s, Yet Lawmakers Want To Make It Even More Expensive

Ohio Pot Costs Triple Michigan’s, Yet Lawmakers Want To Make It Even More Expensive

CLEVELAND - Dealing with Crohn’s disease since he was a kid, Terrell Washington felt stuck — Until he was able to access marijuana. “It got me off of medication and got me into remission with my Crohn’s disease because of using cannabis,” Washington told me. He knew he wanted to help people like him, which

By Staff Writer|2025-02-19T16:21:51-05:00February 19th, 2025|Marijuana Business, News|

Ohio Gov. DeWine Seeks To Change Voter-Approved Cannabis Laws

Ohio Gov. DeWine Seeks To Change Voter-Approved Cannabis Laws

COLUMBUS, Ohio - Gov. Mike DeWine wants to make changes to the state’s adult recreational marijuana and legislative redistricting laws — and is seeking cooperation from his fellow Republicans who control the state Legislature. DeWine discussed those issues and others during a 65-minute Wednesday interview with Ogden Newspapers’ editors and reporters. Ohio Gov. Mike

By Staff Writer|2025-02-14T17:07:37-05:00February 14th, 2025|Marijuana Business, News|

January Michigan Cannabis Sales Down From December

January Michigan Cannabis Sales Down From December

LANSING - The good news is Michigan cannabis sales in January rose from January 2024, but fell from December 2024. Looking at the numbers, January 2025 cannabis sales – including medical marijuana – totaled $247.3 million, up just under 2 percent from January 2024. Medical sales fell by almost 72 percent to just $700,000, down

By Mike Brennan|2025-02-13T10:10:09-05:00February 13th, 2025|Featured, Marijuana Business, News|

Whitmer Proposes 32 Percent Wholesale Tax On Michigan Adult-Use Cannabis Products

Whitmer Proposes 32 Percent Wholesale Tax On Michigan Adult-Use Cannabis Products

LANSING - Governor Gretchen Whitmer is proposing levying a 32 percent wholesale tax on the sale of adult-use marijuana products to fix Michigan’s roads by adding about $3 billion in additional infrastructure funding each year without commuters paying more. Implementing a new marijuana wholesale tax, similar to cigarette taxes, would generate about $470 million. The industry

By Mike Brennan|2025-02-11T11:50:58-05:00February 11th, 2025|Featured, Marijuana Business, News|

Ohio Recreational Cannabis Sales At 6 Month Mark: 123 Dispensaries Sell $255 Million

Ohio Recreational Cannabis Sales At 6 Month Mark: 123 Dispensaries Sell $255 Million

COLUMBUS, Ohio - Six months into legal recreational sales in Ohio continue to rise steadily, said Jana Hrdinova, the administrative director at Ohio State University’s Drug Enforcement and Policy Center. The 123 dispensaries across the state have sold more than $255 million of adult-use cannabis. That’s especially impressive, given not all dispensaries are up and

By Staff Writer|2025-02-08T16:56:11-05:00February 7th, 2025|Marijuana Business, News|

CRA Building Cannabis Testing Lab It Lacks Power To Fully Operate

CRA Building Cannabis Testing Lab It Lacks Power To Fully Operate

LANSING - Construction began Monday on a multi-million-dollar state-run marijuana testing lab even though the Cannabis Regulatory Agency lacks the authority under state law to collect and test more than 2.5 ounces of marijuana. Two years ago, the Democratic-led Legislature allocated about $4.4 million for the construction of the facility. But lawmakers were unable to

By Mike Brennan|2025-02-06T16:26:07-05:00February 5th, 2025|Marijuana Business, News|

Ohio Senate Bill Cuts Back Cannabis Legalization Progress

Ohio Senate Bill Cuts Back Cannabis Legalization Progress

COLUMBUS, Ohio — Ohio is once again at the center of a high-stakes fight over marijuana legalization. Just over a year after voters approved adult-use cannabis, Senate Bill 56, introduced by Sen. Steve Huffman, R-Tipp City, is poised to radically reshape the state’s marijuana laws. Supporters say the bill focuses on efficiency and safety. However,

By Mike Brennan|2025-07-31T01:21:25-04:00February 4th, 2025|Marijuana Business, News|

Industrial Hemp Association Of Michigan Holds Elections Feb. 19

Industrial Hemp Association Of Michigan Holds Elections Feb. 19

ANN ARBOR – The Industrial Hemp Association of Michigan (iHemp Michigan) will hold its board elections virtually on February 19 via Zoom. According to current President Blain Becktold, the board will mostly stay the same, although some new members might join. Furthermore, Becktold explained that Michigan’s industrial hemp program will return to the US Department

By Mike Brennan|2025-07-30T11:25:03-04:00February 4th, 2025|Marijuana Business, mitechtv, News|