ANN ARBOR - Michigan cannabis dispensaries, and customers have had a difficult time trying to use Visa and Mastercard to pay for transactions. Since cannabis remains a federal schedule 1 drug - along with cocaine and heroin - credit card companies and federally chartered banks have said no to cannabis. New Line Processing, a New
COLUMBUS - Approaching five years since Michigan marijuana shops rang up their first sales, Ohio has joined the growing fray of U.S. states selling recreational cannabis. Ohio’s market launched on Tuesday, Aug. 6, with 120 stores permitted to sell marijuana to adults, 21 and over, with a valid ID. Image courtesy Motley Fool
COLUMBUS - Oho cannabis dispensaries sold more than $11.5 million worth of marijuana to recreational customers in the first five days of legalization. Recreational sales opened to the public on August 6 and by August 10, about 1,285 pounds of non-medical plant material had been sold, the Ohio Division of Cannabis Control reported Friday. That's
LANSING - Michigan cannabis sales continue to remain flat in July with sales for all products topping $287.7 million, up 3.2 percent from June’s $275.2 million. This follows similar sales figures in May of $278 million, April $279.6 million and March a record $289 million. Recreational sales in July recreational marijuana sales totaled $264.4 million,
WASHINGTON DC – In July 2024, annual inflation in the United States has fallen below 3 percent for the first time since March 2021, marking a significant turning point in the nation’s economic sphere. This decline raises important questions about the future direction of monetary policy. As inflation eases, many analysts anticipate a shift in
COLUMBUS - Recreational cannabis sales in Ohio have been legal for a week and business is booming. Sales in Ohio are rivaling some of the top cannabis markets in the country. It’s also attracting customers from nearby states, where recreational marijuana isn’t legal. But prices remain high in comparison to Michigan. “We’re seeing numbers at
COLUMBUS - With recreational cannabis sales underway across Ohio as of Tuesday, the non-medical, adult-use products are coming at a premium. Owners of medical marijuana dispensaries and others in the industry have said the sky-high costs are to stave off potential shortages down the line, but that medical card holders have nothing to worry about. For existing
GRAND RAPIDS - While the recent turmoil in financial markets around the world triggered fears of a recession, a Grand Valley State University researcher said he’s not ready to make that declaration for the national or local economies. Brian Long, director of supply chain management research at the Seidman College of Business, said his data
COLUMBUS - Dozens of medical cannabis dispensaries in Ohio on Tuesday began selling adult-use marijuana products, ushering in a new era for the state and another potential billion-dollar market in the Midwest. The final green light for recreational marijuana sales was given to 98 stores earlier in the day when the Ohio Department of Commerce Division
MONROE - With Ohio beginning recreational marijuana sales on Tuesday, the topic of product prices between Ohio and Michigan dispensaries has many asking questions. “The difference between 10 miles south into Ohio compared to 10 miles north into Michigan is leaps and bounds right now,” said Harrison Carter, the owner and operator of Nar Cannabis in Monroe,
