LANSING - Michigan cannabis sales continued its monthly decline in February down 4.7 percent for adult-use to $241.3 million, after a January decline to $247.3 million from December sales of $264.7 million. Medical sales fell to just $632,500. Oversupply continues to drive down prices the Cannabis Regulatory Agency said in its monthly sales report.
CLEVELAND – A hazy cloud surrounds the distribution of tax revenue generated from recreational marijuana sales in Ohio. The state plans to hold onto more than $10.8 million, funds due to municipalities, according to recreational marijuana law. The funds are more than likely not coming due to a legal language issue left out of Issue 2,
COLUMBUS — A national cannabis company predicts Ohio will be a $2 billion market in 2027 if legislators do not alter marijuana laws. LeafLink, a wholesale cannabis platform that connects marijuana distributors and retailers, identified Ohio as one of six expanding markets, projecting $2 billion in sales in the next two years. LeafLink pointed to
CLEVELAND - On Feb. 26, the Ohio Senate approved a bill that proposes major revisions to the recreational cannabis law overwhelmingly supported by voters in Nov. 2023. Senate Bill 56 passed the Senate with a 23-9 vote, and will now proceed to the Ohio House, which has crafted its own revisions to the law which
GRAND RAPIDS - The aftereffects of the tariffs implemented by the federal government are rippling throughout the West Michigan economy. Brian Long, director of supply management research at Grand Valley State University’s Seidman College of Business, said his monthly survey of local businesses and their purchasing managers reflects growing unease with the ramifications of the
COLUMBUS, Ohio — Ohio Republican lawmakers continue to draft legislation restricting access to recreational marijuana, angering citizens across the political spectrum. But when one of the most powerful leaders is urging for restrictions, claiming that marijuana increases crime, viewers and readers asked me to look into it, said Morgan Trau of Cleveland News 5. Ohio
BOSTON, MA– The latest trade policy shifts coming out of the new administration are making U.S. small business owners increasingly worried about their financial future. According to a new report from Alignable, the largest online networking platform for small businesses, 41% of small business owners anticipate revenue losses, with 18% expecting significant declines as a direct
COLUMBUS, Ohio - An Ohio House GOP lawmaker has introduced his own set of changes to cannabis law, just a week after the Senate sent over an overhaul of the state’s adult-use program along party lines. House Bill 160, introduced by Rep. Brian Stewart (R-Ashville), addresses both the existing medical and recreational programs as well
LANSING - Michigan Celebrates Small Business unveiled a range of accolades for small business owners throughout the state, including recognition for Michigan’s 50 Companies to Watch and the introduction of new categories specifically for microbusinesses and disability-owned businesses. Launched in 2004, the Michigan Celebrates Small Business awards have been celebrating and elevating Michigan small businesses
LANSING - The US government, just hours before the asserted midnight effective date, released notices imposing new tariffs on Canada and Mexico goods. These notices order the imposition of tariffs starting 12:01 am on March 4 under new section "9903.01.01" of the Harmonized Tariff Schedule of the United States. The Anderson Economic Group, LLC of
