FacebookLinkedInRssXYouTube

Marijuana Business

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

Michigan’s April Cannabis Sales Top $275 Million, Down $10 Million From March

LANSING - The Cannabis Regulatory Agency reported Wednesday that $278,546,443 in marijuana and marijuana products sold legally in April, down about $10 million from the record $288 million sold In March. Medical cannabis sales represent 0.8% of Michigan’s overall marketplace so far in 2024. To put that April decline in perspective, March included five Fridays

By |2024-05-16T08:16:23-04:00May 16th, 2024|Featured, Marijuana Business, News|
Read More

Cannabis Vertical C3 Industries Gets $16M Investment For Grow In Connecticut

ANN ARBOR - C3 Industries, a milti-state cannabis company headquartered in Ann Arbor, has received a $16 million investment in a grow facility in Connecticut. C3 also has operations in Illinois, Michigan, Missouri, Massachusetts and New Jersey. The investment was made by New Lake Capital Partners, the second transacction with C3, having partnered with C3

By |2024-05-12T15:43:30-04:00May 12th, 2024|Marijuana Business, News|
Read More

Poll: Majority Of Americans Have Tried Marijuana And Say It Should Be Legal

WASHINGTON DC - Most adults acknowledge having consumed cannabis and six in ten say that the substance should be legal nationwide, according to survey data provided by YouGov. Fifty-seven percent of respondents said that they had consumed cannabis during their lifetimes. Of those who acknowledged having used marijuana, most described their experiences as “mostly positive.” Separate

By |2024-05-12T10:34:16-04:00May 12th, 2024|Marijuana Business, News|
Read More

June 3 – Buchanan – Michigan Cannabis Golfers Association Scramble

BUCHANAN - The Michigan Cannabis Golfers Association is kicking of the 2024 summer season with a scramble June 3 at Orchard Hills Country Club in Buchanan. Founder Rick Anstiss provides details in this video interview. This year marks the 5th season for the CGA, and Rick already has lined up two other scrambles later in

By |2024-05-09T14:22:12-04:00May 9th, 2024|Featured, Marijuana Business, News|
Read More

Grassy Knoll Partners With Muskegon Event Place To Offer Cannabis-Friendly Camping

MUSKEGON - A cannabis-friendly campsite is coming to Muskegon this summer, just in time for festival season. The Grassy Knoll Recreational Dispensary, located at 2125 Lemuel St, is using the fives acres adjacent to their building to set up a smoker’s oasis in its wooded hilltop. Owners Janet Tombre and Fred Cini expect to make

By |2024-05-08T18:36:47-04:00May 8th, 2024|Marijuana Business, News|
Read More

Ric Flair Drip Launches Cannabis Brand In Michigan In Partnership With Goldkine

DETROIT - Wrestling star Ric Flair’s cannabis brand,Ric Flair Drip, joins forces with Michigan’ cannabis brands, Goldkine, to launch its premium suite of cannabis products across the state. The initial product lineup includes a range of options to cater to diverse preferences, featuring premium flower, and infused pre-rolls, and can be found at all locations of

By |2024-05-08T18:42:41-04:00May 8th, 2024|Marijuana Business, News|
Read More

Biden Administration Plans To Ease Marijuana Restrictions

WASHINGTON DC - The Biden administration is moving forward with plans to move marijuana off the most severe classification of Schedule I to Schedule III, a source familiar with the decision confirmed to The Hill Tuesday. Rescheduling marijuana is distinct from descheduling it entirely, which some advocacy groups and lawmakers have called for, as it

By |2024-05-01T09:45:15-04:00April 30th, 2024|Featured, Marijuana Business, News, Politics/Government|
Read More

Cannabis Regulatory Agency Names Director For New State-Run Marijuana Testing Lab

LANSING - The Michigan Cannabis Regulatory Agency will open a new testing lab by January next year as a means to keep the state’s booming marijuana industry in check and, hopefully, push standards into a new era of safety. The state agency announced Friday that Claire Patterson, its longtime scientific manager, will serve as director of the new lab. Patterson, who

By |2024-04-28T18:42:35-04:00April 28th, 2024|Featured, Marijuana Business, News|
Read More

Polls: Most Americans Endorse Legalization, Say Cannabis Is Safer Than Either Alcohol Or Tobacco

WASHINGTON DC - The overwhelming majority of US adults favor legalizing marijuana federally and most perceive it to be safer to consume than either tobacco or alcohol, according to nationwide polling data released today. Survey data compiled by Data For Progress finds that two-thirds of likely voters support legalizing cannabis federally “for all adults over the age

By |2024-04-26T19:18:17-04:00April 24th, 2024|Featured, Marijuana Business, News|
Read More

Report: Cannabis Industry Employs More Than 440,000 Full-time Workers

DENVER -The state-licensed cannabis industry added over 23,000 new jobs in 2023 and now employs over 440,000 full-time workers, according to data compiled by Vangst and Whitney Economics. Michigan, ranked second in job growth, had 46,746 cannabis jobs iin 2023. Job growth increased more than five percent between 2022 and 2023, while retail cannabis sales grew over ten percent to $28.8 billion,

By |2024-04-21T16:13:57-04:00April 21st, 2024|Featured, Marijuana Business, News|
Read More