LANSING — Michigan business owners are entering 2026 facing a new and largely unavoidable cost increase: sharply higher health insurance premiums tied to the expiration of enhanced Affordable Care Act subsidies. The federal premium tax credits — expanded during the pandemic and extended through 2025 — lowered monthly insurance costs for hundreds of thousands of
LANSING — Michigan’s cannabis industry is heading into 2026 facing a new cost layer that operators say will further squeeze margins in an already oversupplied market. Beginning Jan. 1, 2026, the state will implement a wholesale cannabis tax on transfers between growers and retailers — a structural shift that moves part of Michigan’s cannabis tax
ANN ARBOR - As 2025 winds down, the U.S. auto market carries over a mix of record pricing, shifting incentives, and inventory dynamics that will shape car buying in 2026. Here’s what buyers and local Michigan tech commuters need to know: 1. New-Car Pricing Is Staying High — But Might Stabilize • Average new-vehicle prices
ANN ARBOR - President Donald Trump’s decision to move marijuana out of the most restrictive federal drug category marks real progress in U.S. cannabis policy — progress that’s been a long time coming. By directing federal agencies to reschedule marijuana from Schedule I to Schedule III, the administration is finally acknowledging what science, voters, and
LANSING — A federal judge has halted Michigan Gov. Gretchen Whitmer’s long-running effort to force the shutdown of the Enbridge Line 5 oil pipeline, ruling that federal law, not state authority, controls interstate pipeline safety. U.S. District Judge Robert J. Jonker ruled Dec. 17 that the Pipeline Safety Act of 1992 bars Michigan from imposing
ANN ARBOR — C3 Industries has filed a state Worker Adjustment and Retraining Notification, or WARN notice, announcing plans to close its 35,000-square-foot cannabis cultivation facility in Webberville on Feb. 14, eliminating 62 jobs as Michigan’s legal marijuana industry faces mounting financial pressure. The Ann Arbor–based company said the closure is driven by the state’s new
WASHINGTON — President Donald Trump has signed an executive order directing federal agencies to move forward with the rescheduling of marijuana under federal law, a step that could ease financial pressure on the legal cannabis industry while stopping short of nationwide legalization. The order instructs the Justice Department and the Drug Enforcement Administration to advance
LANSING — Michigan’s legal cannabis market generated nearly $260 million in sales in November, but the headline figure masks deep stress in the industry as average prices for an ounce of marijuana fell to historic lows, leaving growers, processors and retailers fighting for margins. According to industry data, the average retail price for an ounce
FLINT - Factory workers are accustomed to periodic production line shutdowns for maintenance, but General Motors' recent announcement raises some eyebrows. The company revealed that the Flint Assembly plant, which manufactures GM’s heavy-duty Chevrolet Silverado and GMC Sierra trucks, will halt production for an entire four weeks. The shutdown, described as “extended holiday downtime,” will
ALLENDALE — As 2025 draws to a close, West Michigan’s economy is losing momentum, mirroring broader economic headwinds facing Michigan and much of the United States, according to new data from Grand Valley State University. Brian Long, director of supply chain management research at Grand Valley’s Seidman College of Business, said his latest monthly survey
