Marijuana Business

Marijuana business news and information resource for the medical marijuana and retail cannabis industry.

Adult-Use Cannabis Sales In Ohio Through Oct. 6 Top $109.5 Million

OLUMBUS, Ohio - Ohio adults aged 21 and older purchased $11.1 million in recreational marijuana product from Oct. 6 through Saturday, pushing sales figures above the $100 million mark. Dispensaries have rung up a total of 1.4 million transactions totaling $109.5 million since the beginning of recreational sales on Aug. 6 through Saturday, according to Ohio

By |2024-10-18T10:33:54-04:00October 18th, 2024|Marijuana Business, News|

September Michigan Cannabis Sales $266.9 Million, Down 10 Percent From August

LANSING - After record-breaking Michigan August cannabis sales, September sales plunged nearly 10 percent, the Cannabis Regulatory Agency announced Monday. By the numbers, September sales were $266.9 million versus $294 million in August, with just 1 percent purchased by medical marijuana patients. The $266.9 million in September sales is a slight dip from the roughly

By |2024-10-15T10:29:07-04:00October 15th, 2024|Featured, Marijuana Business, News|

What Marijuana Products do Buckeye State Customers Prefer?

CLEVELAND – Would you like to know what kind of marijuana products do Buckeye State customers prefer? Well, Bloom Medicinals, a cannabis company that offers both medical and adult-use marijuana, has provided valuable insights into customer preferences across Ohio. Additionally, a smaller local shop, Locals Cannabis in Columbus, has reported trends that align with those

By |2024-10-31T15:32:00-04:00October 11th, 2024|Marijuana Business, News|

Ohio Adult-Use Sales Near $100 Million In First Two Months

MARIETTA, Ohio - According to the most recent figures from the Ohio Division of Cannabis Control, there have been just over $98 million in non-medical marijuana sales since they began in the state on August 6. Erick Rodriguez, vice president of retail for the Cannabist Company, which owns the dispensary in Marietta, said the first two

By |2024-10-09T19:43:26-04:00October 9th, 2024|Marijuana Business, News|

Ohio Cannabis Sales Eclipse $87 Million In Less Than Two Months

COLUMBUS  — Profits from sales of recreational marijuana are in the tens of millions, the Division of Cannabis Control reports. As of September 28, sales of recreational marijuana were reported to have exceeded $87.1 million of the more than $2 billion in total product sales including medical marijuana. More than 10,000 pounds of non-medical plant

By |2024-10-02T16:26:32-04:00October 2nd, 2024|Marijuana Business, News|

Kamala Harris’ Evolving Stance on Marijuana Legalization 2024

WASHINGTON DC – What is the Kamala Harris Cannabis Legalization Policy 2024? On Monday, Vice President Kamala Harris announced her support for legalizing recreational marijuana use on a federal level. Subsequently, the Democratic nominee for president announced her views on the subject during a guest appearance on the sports podcast “All the Smoke.” 1. Kamala

By |2024-10-31T06:37:38-04:00October 1st, 2024|Marijuana Business, News, Politics, Politics/Government|

New Bill Would Be Major Blow To Delta-8, CBD And CBG

WASHINGTON DC - A new bill in the U.S. Congress would give the U.S. Food and Drug Administration (FDA) regulatory authority over hemp-derived cannabinoids while allowing states leeway to set additional rules. The Cannabinoid Safety and Regulation Act (CSRA), introduced by Sen. Ron Wyden, an Oregon Democrat, would set a comprehensive federal framework for both

By |2024-09-28T08:08:14-04:00September 28th, 2024|Marijuana Business, News|

Recreational Cannabis Sales Getting Higher In Michigan And Ohio

TOLEDO - Recreational marijuana sales began in Ohio almost two months ago; now, 13 Action News is getting a better idea of how the industry is shaping up locally and how sales here are impacting Michigan’s marijuana market. “We’re five-to-10 times busier here depending on the day,” Zach Gergich, a dispensary representative at Nectar, told

By |2024-09-26T09:36:54-04:00September 26th, 2024|Marijuana Business, News|

Michigan Pot Sales Grow As Ohio Leaps Into Legal Recreational Cannabis

DETROIT - As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border? It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border

By |2024-09-22T13:17:20-04:00September 22nd, 2024|Marijuana Business, News|

27% Of Older Michigan Adults Used Pot In Past Year, U-M Poll Contends

ANN ARBOR - More than a quarter of Michigan residents age 50 or older have used cannabis products containing the psychoactive component THC at least once in the past year, according to a new University of Michigan poll released Thursday. That's a higher percentage (27%) compared with the 21% of people in this age group

By |2024-09-19T13:55:10-04:00September 18th, 2024|Marijuana Business, News|