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Marijuana Business

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

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|
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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|
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Michigan Cannabis Sales Increase In August Even With Ohio Marijuana Now Legal

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 |2024-09-17T16:08:01-04:00September 17th, 2024|Marijuana Business, News|
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With Ohio Legal Cannabis Sales Firing Up, Has Michigan Sales Plateaued?

LANSING — Has Michigan hit its weed ceiling? Michigan recently hit a high water mark: More marijuana sold than California, according to MJBizDaily, a cannabis business news outlet. California has long been the legal weed king and has nearly four times Michigan's population. Yet Michigan has three times more sales per person than California, the runner-up,

By |2024-09-16T08:53:26-04:00September 15th, 2024|Marijuana Business, News|
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Michigan August Cannabis Sales Record $295.5 Million

LANSING - In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Recreational Sales Chart Below: Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down 6.9 percent from July,

By |2024-09-11T18:54:54-04:00September 11th, 2024|Featured, Marijuana Business, News|
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Ohio Recreational Marijuana Sales Top $54 Million In First Month

COLUMBUS - More than $50 million worth of recreational marijuana product has been sold in Ohio in the first month of legal rollout, according to the Ohio Division of Cannabis Control. In the latest report, the division states recreational sales from Aug. 6 to Sept. 7 total $54,649,749. The division reports 840,141 units of manufactured product

By |2024-09-10T13:39:43-04:00September 10th, 2024|Marijuana Business, News|
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Ohio Black Women-Owned Cannabis Company To Achieve 100% Vertical integration

COLUMBUS - The cannabis industry has over the years seen little participation of women and the involvement of Black women in the sector leaves much to be desired. According to Leafly, only 2% of cannabis business owners identify as Black, with Black women making up an even smaller percentage. Still, some Black women are making an impact with their

By |2024-09-08T19:25:44-04:00September 8th, 2024|Marijuana Business, News|
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Ohio With 123 Dispensaries Looks To License More To Keep Up With Demand

COLUMBUS, Ohio - For a month now, Ohio adults aged 21 and older have been able to purchase marijuana at dispensaries licensed for medical and recreational sales. As of Friday, 123 dispensaries are dual-use. And more are on the way, although they probably won’t open as swiftly as the first batch. Many in the first batch opened around

By |2024-09-07T19:31:02-04:00September 7th, 2024|Marijuana Business, News|
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Ohio Capping Number Of Cannabis Dispensaries In Columbus, Cleveland And Cincinnati

TOLEDO - The Ohio Division of Cannabis Control is capping the number of marijuana dispensaries allowed in some Ohio cities. The decision comes as officials prepare to approve more dual-use licenses which allow dispensaries to sell both medical and recreational marijuana. Data from the Ohio Division of Cannabis Control shows the majority of the licenses

By |2024-09-06T12:47:31-04:00September 6th, 2024|Marijuana Business, News|
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DEA Agents Still Making Marijuana Arrests in Ohio And Michigan

WASHINGTON DC – Despite Ohio's recent legalization of recreational marijuana, federal law still prohibits its use. This means that DEA agents in Ohio and Michigan continue to have the authority to make arrests for marijuana-related offenses. This ongoing discrepancy between state and federal law has created a complex legal context for marijuana consumers and businesses

By |2024-09-25T17:54:12-04:00September 3rd, 2024|Featured, Marijuana Business, News|
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