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Marijuana Business

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

March Michigan Cannabis Sales Record $289 Million, 16 Percent Higher Than 2023

LANSING - Michigan’s cannabis sales in March soared to a monthly record $289 million, a 15.7 percent increase compared to March 2023’s total sales of $250 million. According to Michigan's Cannabis Regulatory Agency statistical report, the dynamics of adult and medical cannabis sales between March 2023 and 2024 underwent notable shifts. Adult-use cannabis sales leaped from approximately $239.9

By |2024-04-16T18:17:15-04:00April 16th, 2024|Featured, Marijuana Business, News|
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Hemp Composite Featured In New Electric Bike From Harley-Davidson-Owned Manufacturer

MILWAUKEE - A Harley-Davidson-owned electric motorcycle producer is using hemp-based composite in the fenders of a newly introduced model. Milwaukee, Wisconsin-based LiveWire Group, Inc. said it introduced hemp and other sustainable materials in key components for the first time in developing the new electric cruiser, named S2 Mulholland. The fenders were supplied by C2 Renew,

By |2024-04-15T13:25:39-04:00April 12th, 2024|Featured, Marijuana Business, News|
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Down On The Farm Offers Food Certifications For Hemp, Cannabis, Fruits And Vegetables

MUSKEGON - If you want to get your products whether edibles or smokables as certificated safe to consume, you need to get as General Manufactured Products or Good Agricultural Collection Practice, you need to work with Blain Becktold, who worked for the US Department of Agriculture for nearly three decades. Bechtold now owns Down on

By |2024-04-03T16:06:54-04:00April 2nd, 2024|Marijuana Business, mitechtv, News|
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Michigan February Cannabis Sales $261.1 Million, Up 10 Percent From January

LANSING - Michigan cannabis sales in February totaled $261.1 million, up nearly 10 percent from the $242.8 recorded in January. Total includes both adult-use and medical sales. Adult-use sales were $257.9 million, and medical only $2.2 million. For medical cannabis the average ounce sales price was $102.16 and for adult-use $91.94, the Cannabis Regulatory Agency reported.

By |2024-03-14T16:53:16-04:00March 14th, 2024|Featured, Marijuana Business, News|
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DEA Officials At Odds With Biden Admin Over Marijuana Rescheduling Push

WASHINGTON DC - Officials with the Drug Enforcement Administration are reportedly resisting calls to reschedule marijuana, creating tension with the White House as President Joe Biden continues to tout his role in directing the cannabis review. That’s according to an article published by The Wall Street Journal on Saturday, with the report citing “people familiar

By |2024-03-13T11:28:58-04:00March 13th, 2024|Marijuana Business, News|
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Pew: Nearly 80 Percent Of Americans Have A Cannabis Dispensary In Their County

WASHINGTON DC - Seventy-nine percent of Americans reside in a county that has at least one licensed marijuana retailer, according to data published today by the Pew Research Center.The Pew analysis estimates that nearly 15,000 dispensaries are currently operating in the United States. While cannabis retailers are relatively common on the west coast, in the northeast,

By |2024-03-04T16:50:56-05:00March 3rd, 2024|Marijuana Business, News|
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$87 Million In Michigan Cannabis Tax Collections For 2023 To Be Shared With Municipalities And Counties, 46 Percent Increase From 2022

LANSING - The Michigan Treasury Department reported Thursday that 198 municipalities will receive $43.5 million from marijuana taxes collected from 737 cannabis dispensary licenses, while 71 of the state’s 83 counties will reap the same $43.5 million in cannabis taxes. The remaining 12 have opted out of allowing cannabis dispensaries. Each eligible municipality and country

By |2024-03-01T13:57:17-05:00March 1st, 2024|Featured, Marijuana Business, News|
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Biden Missing Opportunity To Sway Young Voters On Legalizing Cannabis

WASHINGTON DC - Cannabis advocates say President Biden is missing an opportunity to sway young voters with his reluctance to take bigger steps to legalize marijuana at the federal level. The Biden administration has opened several avenues for marijuana reform including issuing federal pardons for simple possession and starting the process of potentially rescheduling marijuana’s status under

By |2024-02-24T12:35:52-05:00February 24th, 2024|Marijuana Business, News, Politics, Politics/Government|
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$6.3 Million Illegal Cannabis Grow In Highland Park Busted By State Police

HIGHLAND PARK  - Michigan State Police uncovered a large-scale marijuana grow operation in Highland Park Feb 21, seizing an estimated millions of dollars in illicit pot during the investigation. More than 4,000 marijuana plants were discovered inside a structure on Feb. 21 when state police's marijuana & tobacco investigation team executed a search warrant. According to a post from police

By |2024-02-24T12:35:53-05:00February 24th, 2024|Featured, Marijuana Business, News|
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An Ancient Tomb Revealed A Potent Surprise: 17th Century Bones Contained THC

NEW YORK - Marijuana was popular enough centuries ago that it became part of peoples’ bones. And now there’s scientific research to prove it. Researchers in Italy recently detected traces of Delta-9 THC and CBD—both from the cannabis plant—in bone samples dating back to the 1600s. “This study reports the first physical evidence of cannabis use

By |2024-02-15T10:46:33-05:00February 15th, 2024|Featured, Marijuana Business, News|
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