Marijuana Business Archives

U.S. CBD Company Inks Sponsorship Deal With Professional Baseball League

U.S. CBD Company Inks Sponsorship Deal With Professional Baseball League

BOULDER, Colo. - U.S. CBD company Charlotte’s Web Holdings will pay Major League Baseball $30.5 million plus a 10% royalty on sales, and grant the professional sports organization 4% of the company’s shares in a landmark exclusive marketing deal announced this week. Charlotte’s Web-branded products will become the “Official CBD of MLB” under the exclusive

By Staff Writer|2022-10-30T15:11:09-04:00October 30th, 2022|Marijuana Business, News|

Flight From Hemp Continues In U.S., Harvest Expected To Fall By Half

Flight From Hemp Continues In U.S., Harvest Expected To Fall By Half

DENVER - The 2022 hemp harvest in the U.S. is expected to shrink by nearly half this year, falling from roughly 36,925 acres in 2021 to about 20,000 acres as all outputs are in decline, according to government figures and projections from Denver-based analyst PanXchange. PanXchange projects the 2022 flower harvest at 6,400-6,800 acres, expects

By Staff Writer|2022-11-01T17:32:28-04:00October 30th, 2022|Marijuana Business, News|

Cannabis And Hallucinogen Use New Normal Among Young Adults

Cannabis And Hallucinogen Use New Normal Among Young Adults

ANN ARBOR - Marijuana and hallucinogen use in the past year reported by young adults 19 to 30 years old increased significantly in 2021 compared to five and 10 years ago, reaching historic highs in this age group since 1988, according to the Monitoring the Future panel study. Study: Monitoring the Future Panel Study and annual

By Staff Writer|2022-10-18T14:01:50-04:00October 18th, 2022|Featured, Marijuana Business, News|

Cannabis Tourism Project, Sparx & Recreation, Launched

Cannabis Tourism Project, Sparx & Recreation, Launched

ANN ARBOR - Charlie Strackbein, famous for promoting the Monroe Street Fair every April on the University of Michigan Diag, has teamed up with Michigan Marijuana Report and Four20 Post LIVE to create a new program that combines web, social media, newsletters, and a digital magazine all focused on promoting cannabis tourism. He joins the

By Mike Brennan|2022-10-14T09:18:26-04:00October 13th, 2022|Marijuana Business, mitechtv, News|

Michigan Cannabis Tourism – Monthly Digital Magazine To Launch

Michigan Cannabis Tourism – Monthly Digital Magazine To Launch

ANN ARBOR - Michigan Marijuana Report and Four20 Post LIVE are partnering with Charlie Strackbein of the Ann Arbor Street Fair to launch a new project focused on providing more cannabis tourism coverage. Sparx and Recreation will feature stories about the companies building cannabis tourism brands. Diverse tourism topics will be mirrored at Michigan Marijuana Report and the Four20 Post

By Mike Brennan|2022-10-10T16:04:15-04:00October 10th, 2022|Featured, Marijuana Business, News|

NORML Director Issues Statement Regarding President’s Plan to Pardon Those With Low-Level Marijuana Convictions

NORML Director Issues Statement Regarding President’s Plan to Pardon Those With Low-Level Marijuana Convictions

WASHINGTON DC - In response to President Biden’s recently announced actions with regard to federal marijuana policy, NORML’s Executive Director Erik Altieri has issued the following statement: “Many of the efforts taken and proposed by the President today are long overdue. For nearly two years, NORML has called upon the Administration to fulfill the President’s campaign promise to provide relief to

By Staff Writer|2022-10-09T14:44:47-04:00October 9th, 2022|Marijuana Business, News|

Biden To Pardon All Federal Offenses Of Simple Marijuana Possession

Biden To Pardon All Federal Offenses Of Simple Marijuana Possession

WASHINGTON DC - President Biden will pardon everyone in the U.S. who has been convicted of simple possession of marijuana under federal law, the White House announced Thursday. “There are thousands of people who have prior federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities as a result. My action will help

By Mike Brennan|2022-10-06T15:44:09-04:00October 6th, 2022|Marijuana Business, News|

Some Municipalities Inadvertently Supporting Cannabis Black Market

Some Municipalities Inadvertently Supporting Cannabis Black Market

SEATTLE - Some states’ cannabis legalization laws inadvertently allow local municipalities to establish specific regulations within cities and counties. According to a report by Leafly and Whitney Economics, instead of regulating legal sales in ways appropriate for their community, it is increasingly common for local leaders to opt-out of local regulation, effectively creating an economic

By Staff Writer|2022-09-26T09:09:57-04:00September 26th, 2022|Marijuana Business, News|

Four20 Post Live Looks At Cultivator Licenses, Interim CRA Director

Four20 Post Live Looks At Cultivator Licenses, Interim CRA Director

ANN ARBOR - On Four20 Post Live Sept. 21 we celebrated the first day of autumn by exploring whether cannabis cultivator licenses, now unlimited, should be capped. Joining us on the show was Jim Conner, CEO of MJVerdant, a cannabis cultivation company. In the second half hour the team discussed the interim Cannabis Regulatory Agency

By Mike Brennan|2022-09-22T07:33:36-04:00September 22nd, 2022|Marijuana Business, mitechtv, News|

Gov. Whitmer Appoints Acting Executive Director To Cannabis Regulatory Agency

Gov. Whitmer Appoints Acting Executive Director To Cannabis Regulatory Agency

LANSING - On Thursday, Gov. Whitmer announced the appointment of Brian Hanna as acting executive director of the Cannabis Regulatory Agency. Effective September 19th, Hanna replaces Andrew Brisbo who becomes executive director of Construction Codes. The State of Michigan will conduct a nationwide search to select a permanent executive director for the CRA. The popular and

By Mike Brennan|2022-09-16T12:40:36-04:00September 15th, 2022|Featured, Marijuana Business, News, Politics, Politics/Government|