Marijuana business news and information resource for the medical marijuana and retail cannabis industry.
ANN ARBOR - According to a retail study by Capital One Research, 81 percent of US consumers prefer to shop using some form of credit, which grows yearly. Further, when they use some form of credit, shoppers are 4 times more likely to spend more with a card than cash. Dispensary owners can now accept
COLUMBUS, Ohio – Medical Cannabis Sales In Ohio Decreasing But Still Popular Due To 10 Percent Excise Tax Elimination. According to recent data from the Ohio Division of Cannabis Control, medical cannabis sales are seeing a steady decline, yet they remain a popular choice for many Ohioans. In comparison, recreational marijuana sales continue to outpace
COLUMBUS, Ohio - Gov. Mike DeWine was, and is, begging the Ohio legislature to rewrite the state laws surrounding recreational cannabis to peel back provisions in Issue 2, the citizen-initiated statute ratified by Ohio voters in November 2023. He's joined by Senate President Matt Huffman (R-Lima). “Getting a consensus on what that action will be,
COLUMBUS, Ohio — The cost of cannabis in Ohio is decreasing. In August, the average cost of an ounce of dried cannabis flower was $261.50. The same amount of cannabis has an average cost of $211 in December, although data is only available through Dec. 16. That marks a $50 decrease in cost for Ohioans
COLUMBUS, Ohio -The Ohio Division of Cannabis Control has proposed a new rule package for the state’s cannabis industry, including a ban on cannabis advertising via methods “with a high likelihood of reaching persons under the age of 18,” Cleveland.com reports. The rules would prohibit cannabis companies from advertising on billboards, radio, television, and online. The rules would also
COLUMBUS, Ohio - A recent report from the Ohio Department of Commerce’s Division of Cannabis Control shows that children under the age of six have been exposed to cannabis edibles at a higher rate than 2023, emphasizing the need for safe storage during the holidays. According to the report, which was done by the Central
LANSING – Michigan Cannabis Sales Rebound After 3-Month Decline. The Cannabis Regulatory Agency (CRA) has released November 2024 cannabis sales figures, which exceeded expert predictions. The state reported total sales of $276.4 million, marking a 6.1% year-over-year increase and a 2.9% rise from October. This marks the first increase in sales since August, when the
CINCINNATI – It’s been about four months since Ohio dispensaries began selling recreational cannabis, but changes could be coming to the program soon. On the outs are dual-use dispos until September 2026, according to the Ohio Department of Commerce. That doesn’t mean there won’t be any new dispensaries opening before then, however. About 120 existing medical
COLUMBUS - Although voters overwhelmingly chose to legalize recreational marijuana in 2023, one of the most powerful leaders in the state plans to dramatically change what Ohioans selected. So far, the policy has been safeguarded, but changes are a foot in 2025. Dispensaries and users are worried about what Ohio Senate President Matt Huffman, R-Lima,
COLUMBUS - Three proposed bills are now afloat in the Ohio state legislature that would put controls on the market for unregulated hemp intoxicants in the state. The latest draft law, introduced by Republican State Sen. Steve Huffman last month, would essentially ban the sale of products containing the hemp compounds. Senate Bill 326 would
