Marijuana business news and information resource for the medical marijuana and retail cannabis industry.
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
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
NEW YORK - The global hemp market could reach $18.6 billion by 2027 if nations around the world take action to clarify the crop’s legal status and address other key issues, according to an extensive report on the industry from the United Nations Conference on Trade & Development. Citing figures from researcher Krungsri Research Intelligence,
LANSING - Gov. Gretchen Whitmer announced Friday that Brian Hanna will move from interim executive director at the Cannabis Regulatory Agency to Executive Director. Hanna spent five years with the CRA as the manager of field operations, inspections, and investigations. He has a law enforcement and military background, having previously worked as a criminal intelligence
ANN ARBOR - Michigan NORML Executive Director Rick Thompson provides cannabis headlines on Four20 Post Live. Alpena bans provisioning center from curbside delivery and Judge concurs Irish Parliament flirts with adult use cannabis, but would limit it to 7 grams Michigan NORML hires MRI to do a survey with Michigan residents to modify the Medical
LAS VEGAS – As the regulated marijuana industry wraps up the 2022 business year, companies are fine-turning their strategies for whatever new challenges 2023 might bring. Cannabis business leaders attending MJBizCon described a variety of expected headwinds in the year to come – and a range of plans to adapt and succeed. “The market has a
ANN ARBOR - Thomas Lavigne, the managing partner of Cannabis Counsel, one of the oldest Cannabis-focused law firms in the country, says the Michigan technology industry needs to innovate in the cannabis and hemp sectors to produce products that serve public needs. For instance, he says in Hemp, the non psychoactive part of the marijuana
ANN ARBOR - HeroProjectUSA.Org's Veteran Advisor, Anton Harb Jr., along with Connie Maxim-Sparrow from HatchAPlanMI.Com, have cut a deal with the Cannabis Regulatory Agency to do a beta test in 2023 that would give free cannabis to Veterans suffering from PTSD and related injuries. Hero also will work to raise money to pay for attorneys
TROY – Rehmann has published its 2022 Michigan Cannabis CFO Outlook Report that confirms what anyone in the industry already knows - oversupply has all but evaporated profit margins for growers, processors and dispensaries. “The cannabis industry is constantly evolving and facing new challenges, so the need for information will be helpful as the industry
ANN ARBOR - Rehmann has published its 2022 CFO report that features data about chief challenges the cannabis industry faces in Michigan, including but not limited to financial management, acquisition operations, compliance requirements and federal legislation. In addition, the report boasts industry spotlights highlighting actual businesses facing these issues in real-time and recommended solutions. Rehmann
