News

$7,500 EV Tax Credit Available Before Tax Season

WASHINGTON DC - Consumers no longer have to wait to file their annual tax returns to get a tax break for the purchase of a new electric vehicle. At the start of 2024, the federal “new clean vehicle” tax credit became available as a point-of-sale discount — worth up to $7,500 — at car dealerships.

By |2024-02-11T14:54:21-05:00February 11th, 2024|Featured, News, Politics, Politics/Government|

Scientists Develop New Method To Test For Recent Marijuana Use With 96 Percent Accuracy

WASHINGTON DC - Scientists say they’ve identified an alternative way to test for recent marijuana use that’s significantly more accurate than standard THC blood tests that sometimes misrepresent a person’s potential impairment depending on frequently they use cannabis. And they’re actively working to build on that research with an expanded study. The initial study, which

By |2024-02-04T11:06:36-05:00February 4th, 2024|Marijuana Business, News|

11 Cloud Cannabis Dispensaries Acquired By Stash Ventures

MOUNT PLEASANT - Stash Ventures has acquired the dispensaries of Troy-based Cloud Cannabis Co. in what is the first notable acquisition in the sector of 2024. Financial terms of the deal, which closed late last month, were not disclosed. Stash Ventures takes control of Cloud’s 11 dispensaries in Michigan — Ann Arbor, Detroit, Muskegon, Traverse

By |2024-02-02T14:44:56-05:00February 2nd, 2024|Marijuana Business, News|

$87.5 Million In Grants Announced To Help State Win Transformative Projects

LANSING – Governor Gretchen Whitmer joined the Michigan Economic Development Corporation in announcing approval of $87.5 million in grant funding for 18 projects across the state of Michigan through the Strategic Site Readiness Program to support the state’s efforts to compete for and win transformative projects. Through this funding for strategic site readiness and collaboration

By |2024-01-30T19:28:23-05:00January 30th, 2024|Featured, News, Politics, Politics/Government|

Michigan Cannabis Dispensary Gets $212,000 Fine After CRA Inspectors Find Pot In The Attic

VASSAR, MI - Inspectors found a black garbage bag containing nearly 20 pounds of untagged, untracked marijuana in the attic of a marijuana shop in Tuscola County’s Vassar. That’s one of the seven violations Michigan marijuana regulators cited in a Jan. 25 statement announcing Premier Provisioning, operated by 664 Vassar LLC, must pay a $212,000

By |2024-02-01T05:57:17-05:00January 28th, 2024|Marijuana Business, News|

Michigan iGaming Posts Record Revenues In 2023

LANSING - Total iGaming and sports betting gross receipts for 2023 hit a record $2.3 billion. That’s more than 18% higher than the revenue generated in 2022, and well above the $1.4 billion from the first year of legal betting in 2021. Also check out energy casino kod promocyjny. The Michigan Gaming Control Board (MGCB) said the

By |2024-02-28T13:14:13-05:00January 24th, 2024|Government/Politics, News|

Product Review: Ray’s Infused Lemonade

LANSING - Infused beverages are big in many states where adult-use cannabis is legal. Now one of those beverages is coming to Michigan in mid February. Ray's Infused Lemonade, in five flavors, will be on select dispensary shelves around Feb. 15, so says Anthony Freed, owner of Farm Assist LLC. Anthony works to cross sell

By |2024-01-24T11:08:31-05:00January 24th, 2024|Marijuana Business, mitechtv, News|

Michigan December Cannabis Sales Nearly Top $280 Million, $3.08 Billion For 2023

LANSING - Michigan December cannabis sales totaled $279.9 million, up 7.5 percent from November and 26.2 percent from December 2022, the Cannabis Regulatory Agency reported. For calendar year 2023, cannabis sales generated $3.08 billion. Considering the average cost of an ounce of marijuana plummeted to $80.16 in January 2023, a steep decline from over $500

By |2024-01-18T10:01:14-05:00January 18th, 2024|Featured, Marijuana Business, News|

Harriet Tubman Face On $20 Bill Delayed Until 2030

WASHINGTON DC - Federal authorities have floated plans since 2016 to put Harriet Tubman on the $20 bill, replacing President Andrew Jackson, a slaveholder who expelled thousands of Native Americans from their land. Paper money in the U.S. has long exclusively featured portraits of white men. Federal authorities have signaled the Harriet Tubman redesign for the

By |2024-01-15T16:05:12-05:00January 15th, 2024|News|

HIBnb Seeks To Work With Cannabis-Friendly Lodging In Michigan

ANN ARBOR - If you're looking for cannabis-friendly lodging allows you to smoke cannabis without getting hassled check out HiBnb.us. The company lists homes, cabins, rooms, and much more throughout Michigan where you can rent a place and even get your pre-ordered cannabis delivered courtesy of some Michigan-based brands. In this interview, HiBnb CEO Elizabeth

By |2024-01-11T13:26:12-05:00January 11th, 2024|Marijuana Business, News|