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Marijuana Business

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

4/20 Holiday Racks Up Record Sale of 2.3 Tons of Cannabis In Michigan

LANSING - Consumers purchased more than 2.3 tons of marijuana flower from Michigan provisioning centers on April 20, Cannabis Regulatory Agency Executive Director Andrew Brisbo tweeted. Initial data shows overall sales of flower on 4/20 in 2022 were up 242 percent from the same day in 2021 (which were up 444 percent vs 2020). Flower

By |2022-04-26T12:24:38-04:00April 26th, 2022|Marijuana Business, News|
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Michigan Marijuana Report, SBAM Form Strategic Partnership

ANN ARBOR - Michigan Marijuana Report, Edited and co-founded by MITechNew Editor and Publisher Mike Brennan, has formed a strategic partnership with the Small Business Association of Michigan. What that means is sponsors of MIMarijuanaReport.Com will automatically get an SBAM Premium Sponsorship when they purchase an MMR sponsorship. The SBAM sponsorship gets them many perks,

By |2022-04-22T16:01:33-04:00April 19th, 2022|Featured, Marijuana Business, mitechtv, News, Small Business Association of Michigan|
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Analysis: Adult-Use Cannabis Sales Generated Nearly $4 Billion in Tax Revenues in 2021

WASHINGTON DC - Tax revenues derived from the licensed retail sale of state-legal, adult-use cannabis products grew by more than 30 percent between 2020 and 2021, totaling over $3.7 billion last year – according to an analysis provided by the Marijuana Policy Project. MPP’s figures do not include revenues derived from the sales of medical cannabis products

By |2022-04-15T12:09:19-04:00April 15th, 2022|Featured, Marijuana Business, News|
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MICHIGO Cannabis Tourism Group Seeks Cannabis Friendly Lodging Throughout Michigan

ANN ARBOR - A non-profit group has been formed to capitalize on a growing trend around the United States, cannabis tourism. The group, MICHIGO.Org, is particularly keen to promote cannabis-friendly lodging, including AirBnBs that have loser rules than large corporate hotel and motel chains. Co-founder Andy McFarlane joins Mike Brennan to talk about MICHIGO and

By |2022-04-12T08:34:31-04:00April 12th, 2022|Marijuana Business, mitechtv, News|
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Democrats Face Tough Republican Opposition In Winning Senate Approval Of Legal Cannabis

WASHINGTON DC - Senate Majority Leader Charles Schumer (D-N.Y.) is facing significant obstacles in his legislative push to legalize marijuana, with resistance from Republicans and members of his own party threatening chances of passage in the upper chamber. Schumer has said that his aim is to bring a comprehensive marijuana reform bill forward later this month, weeks

By |2022-04-14T17:15:24-04:00April 11th, 2022|Marijuana Business, News|
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Reach Nearly $2 Billion Michigan Cannabis Business Market For About $10 A Day

ANN ARBOR - If your company wants to reach a rapidly expanding market segment with products and services businesses want and need, you should check out the adult-use and legal cannabis industry in Michigan. Last year, some $1.8 billion in sales were reported. State officials predict sales in 2022 could rise to $2.8 billion or

By |2022-04-04T14:16:43-04:00April 4th, 2022|Marijuana Business, News|
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Common Citizen Cuts Cultivation Partnership With Mike Tyson’s Premium Cannabis Line

Common Citizen, which produces safe, high-quality cannabis products for patients and adult-use customers, today announced a historic cultivation partnership with boxing legend Mike Tyson’s premium cannabis line, California-based Tyson 2.0. Common Citizen will grow Tyson’s cannabis at its state-of-the-art hybrid greenhouse in Marshall, and will first yield “Knockout OG” and “Pound for Pound Cake”— both favorite strains of Tyson’s.

By |2022-04-03T17:14:22-04:00April 3rd, 2022|Marijuana Business, News|
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Michigan To Distribute $42.2 Million To 163 Municipalities, Counties From Marijuana Taxes

LANSING – The Michigan Department of Treasury announced that more than $42.2 million will be distributed among 163 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act. Next week, 62 cities, 15 villages, 33 townships and 53 counties will be receiving payments from the Marihuana Regulation Fund. For the

By |2022-03-29T10:40:08-04:00March 29th, 2022|Marijuana Business, News|
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Trucenta Opens Michigan’s First Licensed Cannabis Consumption Lounge in Hazel Park

HAZEL PARK - Hot Box Social, the state’s first licensed consumption lounge, will open this month for private events. Located at 23610 John R in Main Street Hazel Park, Hot Box Social is a relaxed gathering space for meetings and special events where cannabis can be consumed in a safe and supportive environment.  Capacity is

By |2022-03-29T12:59:02-04:00March 28th, 2022|Marijuana Business, News|
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Michigan Attorney General Nessel To Speak at Hash Bash 2022 On UM Campus April 2

ANN ARBOR - Michigan Attorney General Dana Nessel will be one of the featured speakers on April 2 at the Hash Bash, the 50-year old event held on The Diag at the University of Michigan's Ann Arbor campus. Two blocks away, the Monroe Street Fair will feature products made by Michigan cannabis and hemp companies.

By |2022-03-21T16:24:22-04:00March 21st, 2022|Featured, Marijuana Business, News|
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