Marijuana Business

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

As Russia Destroys Homes, Ukrainian Hemp Builder Builds More

LIEV, Ukraine - Before Russia launched its senseless and brutal war on Ukraine, builder Sergiy Kovalenkov was well into a mission to bring environmentally friendly, healthy hempcrete living spaces to Ukrainian citizens. With the war destroying homes in many parts of the country, Kovalenkov now finds that mission heightened as more and more Ukrainians are

By |2023-01-09T18:16:47-05:00January 9th, 2023|Marijuana Business, News|

If You Are Planning Michigan Cannabis Events, Sparx & Recreation Wants To Help You Promote Them

ANN ARBOR - If your company is developing Michigan cannabis events for the first half of 2023, we want to hear from you at Sparx & Recreation. We are planning our second edition of the digital magazine that will feature cannabis events through June 30, and perhaps beyond. These events can be indoors or out.

By |2023-01-10T19:41:57-05:00January 6th, 2023|ESD, Featured, Marijuana Business, News|

Michigan’s Growing Cannabis Tourism Industry

ANN ARBOR - In any given year, tourism in Michigan ranks as the second or third largest industry, vying with agriculture for the No. 2 spot. Automotive remains king. Since December 2019 when adult-use cannabis became legal in Michigan, it has become a rapidly growing tourism sub sector generating sales this year from both people

By |2023-01-05T13:11:52-05:00January 5th, 2023|Featured, Marijuana Business, News|

FDA May Enact CBD and delta-8 THC Regulatory Recommendations Within Months

WASHINGTON DC - Food and Drug Administration officials said they are taking steps to announce a plan for how to regulate cannabis-derived products like CBD and delta-8 THC in the coming months. This comes as the agency is also leading a review into marijuana’s scheduling status. Congressional Cannabis Caucus co-chairs Reps. Earl Blumenauer (D-OR), Dave Joyce (R-OH), 

By |2022-12-29T10:20:48-05:00December 29th, 2022|Marijuana Business, News|

Retirement Reforms, Marijuana Changes Meet Veto Pens

LANSING - Lame duck legislation that mostly tightened public employee retirement options or made tweaks to the state's marijuana's law were among the 11 bills vetoed by the Gov. Whitmer. Several of the bills would have pushed an annuity product to state employees as an alternative to a retiree health care benefit, like HB 4265 , which

By |2022-12-28T09:28:33-05:00December 27th, 2022|Marijuana Business, News|

U.S. Cannabis Sales Could Top $72 Billion By 2030, Says Leading Researcher

NEW YORK - U.S. cannabis sales is estimated to rack up a whopping $57 billion by 2030, according to a top researcher. But hold up: That figure could top a whopping $72 billion if the 18 additional states that seem likely to legalize activate their markets. It's a stunning projection and the latest made by New

By |2022-12-27T15:25:03-05:00December 27th, 2022|Featured, Marijuana Business, News|

High Haven Cannabis Provides Bay City With Cannabis-Friendly Venue, Events And Dispensary

BAY CITY - Bay City’s High Haven is a unique cannabis-friendly entertainment destination to provide a first-class shopping experience for entertainment and cannabis enthusiasts. High Haven CEO and Founder Mahja Sulemanjee-Bortocek has been in the cannabis business for 14 years. She is based in Chicago and has five dispensaries in Illinois and one in Michigan.

By |2022-12-20T18:17:31-05:00December 20th, 2022|Marijuana Business, News|

Curated Cannabis Tourism, Cannabis Event Package For 2023

MUSKEGON - Cannabis Tourism is starting to become a major play in Michigan. Springing up to serve this market is Derive Travel that offers curated travel and lodging experiences. Co-founder Connie Maxim-Sparrow joins Matt Roush and Mike Brennan on MITech TV to talk about what Derive Travel will offer in 2023. She also announces that

By |2022-12-20T13:27:14-05:00December 19th, 2022|Featured, Marijuana Business, News|

UN Releases Industrial Hemp Report

NEW YORK - A recently released report from the United Nations Conference On Trade And Development provides an interesting snapshot of the industrial hemp industry. Released last week, the “Commodities At A Glance: Special issue on industrial hemp” looks at the various uses of the crop, production and trade statistics, and how developing countries could

By |2022-12-14T17:00:31-05:00December 14th, 2022|Marijuana Business, News|

Hemp Can Be Crucial To Control Climate Change, And Highly Profitable

DETROIT - A team of scientists from Hudson Carbon, a research center in upstate New York that studies carbon storage, say cannabis could be the missing player in humanity’s fight against climate change. How? Hemp absorbs carbon dioxide from the atmosphere more than twice as effectively as trees. Although the U.S. only accounts for about

By |2022-12-10T16:24:40-05:00December 10th, 2022|Marijuana Business, News|