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Marijuana Business

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

Michigan’s 24 Percent Wholesale Cannabis Tax Starts Jan. 1 As Dispensaries Brace For Margin Pressure In 2026

LANSING — Michigan’s cannabis industry is heading into 2026 facing a new cost layer that operators say will further squeeze margins in an already oversupplied market. Beginning Jan. 1, 2026, the state will implement a wholesale cannabis tax on transfers between growers and retailers — a structural shift that moves part of Michigan’s cannabis tax

By |2025-12-30T14:33:02-05:00December 30th, 2025|Marijuana Business, News|
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Cannabis Reform Is Moving Forward — But Washington Is About to Break The Hemp Economy

ANN ARBOR - President Donald Trump’s decision to move marijuana out of the most restrictive federal drug category marks real progress in U.S. cannabis policy — progress that’s been a long time coming. By directing federal agencies to reschedule marijuana from Schedule I to Schedule III, the administration is finally acknowledging what science, voters, and

By |2025-12-25T08:49:53-05:00December 25th, 2025|Featured, Marijuana Business, News|
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C3 Industries to Close Webberville Grow, Lay Off 62 as Michigan Cannabis Prices and Taxes Squeeze Operators

ANN ARBOR — C3 Industries has filed a state Worker Adjustment and Retraining Notification, or WARN notice, announcing plans to close its 35,000-square-foot cannabis cultivation facility in Webberville on Feb. 14, eliminating 62 jobs as Michigan’s legal marijuana industry faces mounting financial pressure. The Ann Arbor–based company said the closure is driven by the state’s new

By |2025-12-21T14:30:24-05:00December 21st, 2025|Marijuana Business, News|
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Trump Order Advances Marijuana Rescheduling, Offering Potential Relief For Michigan Cannabis Industry

WASHINGTON — President Donald Trump has signed an executive order directing federal agencies to move forward with the rescheduling of marijuana under federal law, a step that could ease financial pressure on the legal cannabis industry while stopping short of nationwide legalization. The order instructs the Justice Department and the Drug Enforcement Administration to advance

By |2025-12-20T12:14:03-05:00December 18th, 2025|Featured, Marijuana Business, News|
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Michigan Cannabis Sales Hit $260 Million In November As Prices Plunge To Historic Lows

LANSING — Michigan’s legal cannabis market generated nearly $260 million in sales in November, but the headline figure masks deep stress in the industry as average prices for an ounce of marijuana fell to historic lows, leaving growers, processors and retailers fighting for margins. According to industry data, the average retail price for an ounce

By |2025-12-18T09:38:12-05:00December 18th, 2025|Featured, Marijuana Business, News|
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What Reclassifying Marijuana To Schedule III Would Mean For Cannabis Companies — and Why Trump May Do It

WASHINGTON DC - President Trump is likely to loosen long-standing federal restrictions on marijuana early next year by reclassifying the drug under federal law, according to Axios. If that happens, the move would carry major consequences for cannabis companies, investors, researchers, and state-regulated marijuana markets. Under the plan under review, marijuana would be shifted from

By |2025-12-13T18:38:07-05:00December 12th, 2025|Featured, Marijuana Business, News|
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DeWine to Sign Bill Recriminalizing Out-of-State Marijuana, Rolling Back Ohio Voter Law

COLUMBUS - Ohio Gov. Mike DeWine said Thursday he will sign legislation that rolls back key parts of Ohio’s voter-approved marijuana law, including a provision that would again make it a crime to possess marijuana legally purchased in another state, such as neighboring Michigan. Voters approved recreational marijuana in 2023 with the expectation that legal

By |2025-12-12T09:39:10-05:00December 12th, 2025|Marijuana Business, News|
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Ohio Legislature Amends Voter-Approved Cannabis Legalization To Tighten Oversight

COLUMBUS, Ohio - The Ohio Senate raced legislation across the finish line on Dec. 9, approving a major overhaul of the voter-approved statute that legalized adult-use cannabis, banning intoxicating hemp products, and authorizing drinkable cannabinoid products for one year. Senators voted 22–7 along party lines to adopt a House-backed conference committee report on Senate Bill

By |2025-12-10T15:38:35-05:00December 10th, 2025|Marijuana Business, News|
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Court Denies Injunction Against Michigan Cannabis Wholesale Tax

Michigan’s cannabis industry failed to secure an injunction against the new wholesale tax, but the judge left the door open for the underlying legal challenge to proceed as questions remain about voter intent and market impact. DETROIT - Michigan’s legal cannabis industry took a major hit Monday after a judge refused to block a new

By |2026-01-24T07:04:29-05:00December 8th, 2025|Featured, Marijuana Business, News|
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Senate Bill 56 Likely To Pass Next Week With New Ohio Criminal Sanctions

COLUMBUS - A new law that’s likely to pass at the Ohio Statehouse next week would establish a series of minor criminal penalties for people who improperly transport or possess marijuana in Ohio, while rolling back legal protections for users in venues like child custody or professional licensing disputes. For that reason, NORML is leading

By |2025-12-10T15:38:46-05:00December 5th, 2025|Marijuana Business, News|
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