TORONTO - TerrAscend Corp. has closed on its acquisition of Ohio retailer Ratio Cannabis for $10.3 million, marking the marijuana multistate operator ’s entry into its sixth state. The previously announced acquisition increases TerrAscend’s retail footprint to 39 dispensaries in six states and Canada, according to a company news release. TerrAscend, which has offices in Toronto
GRAND RAPIDS - While global economic markets face turbulence following the Trump administration’s implementation of tariffs, the West Michigan economy continues to show modest strength, according to a Grand Valley State University researcher. Brian Long, director of supply management research at GVSU’s Seidman College of Business, said his monthly survey of local businesses and purchasing
LANSING - Michigan April cannabis sales declined 2.5 percent, from $276 million in March to $270.2 million last month, with medical sales down to just roughly $500,000 in April, the Cannabis Regulatory Agency reported Tuesday. In one of those good news versus bad news twists, consumers purchased more pot in April – when the 420
DETOIT - Claressa Shields is returning to Detroit with a promise of fireworks. Shields, A Flint native and the top pound-for-pound fighter in women's boxing, is returning to fight at Little Caesars Arena in downtown Detroit on July 26 against New Zealand fighter Lani Daniels. Shields will be putting her undisputed women's heavyweight title on the
LANSING - Administrative formal complaints and disciplinary actions taken against adult-use/medical licensees in April are now available for review in the Cannabis Regulatory Agency’s April 2025 Disciplinary Action Report. This month’s disciplinary actions: Burton 123 Grow, LLC, AU-G-C-001409 (METRC non-compliance, sampling and testing) Mt. Clemens 222 Companies, LLC dba Joyology of Mt. Clemens, AU-R-001216 (Surveillance/security) Cheboygan 600 Riggs
COLUMBUS - Thirty-five people submitted opponent testimony against Ohio House Bill 160, which would reduce THC levels and redirect most of the tax revenue. State Rep. Brian Stewart, R-Ashville, introduced the bill two months ago and opponents testified against the bill for more than three hours during Wednesday’s House Judiciary Committee meeting. “H.B. 160 imposes a litany of negative changes
DEARBORN - Ford Motor said it is raising prices on three models produced in Mexico, pointing to higher U.S. tariffs on imported vehicles as one reason for the adjustment. The vehicles subject to the price increases of up to $2,000 per model include the Maverick, Bronco Sport and Mach-E, Ford said in a statement to CBS
SOUTH KOREA - Researchers have announced that they’ve successfully identified a new cannabinoid—cannabielsoxa—produced by the marijuana plant as well as a number of other compounds “reported for the first time from the flowers of C. sativa.” The team of government and university researchers out of South Korea also evaluated 11 compounds in cannabis for antitumor
COLUMBUS - The Ohio Senate unanimously passed a bill that would regulate intoxicating hemp and drinkable cannabinoid products. Ohio Senate Bill 86 would require intoxicating hemp products to be sold only at adult-use marijuana dispensaries instead of allowing them to be sold at CBD stores, convenience stores, smoke shops, or gas stations. The bill now moves
COLUMBUS - Canadian-based TerrAscend Corp. announced it has closed on its previously announced acquisition of the assets of Ratio Cannabis LLC, a cannabis dispensary located in Goshen Township, Ohio. The acquisition represents TerrAscend's initial entry into its sixth state, Ohio. This acquisition increases TerrAscend's retail footprint to 39 dispensaries across six U.S. states and Canada.
