MINNEAPOLIS - Delta Air Lines has been using AI to help set the price of some tickets. “A super analyst” working “24 hours a day, 7 days a week” to optimize airfares is how Delta president Glen Hauenstein described its AI initiative to investors. In late 2024, Delta was using AI on about 1 percent of fares;
COLUMBUS - In November 2023, 57% of voters in Ohio voted for Issue 2, a ballot initiative which legalized adult recreational marijuana use and tasked the Ohio Departments of Commerce and Development with implementing a legal recreational cannabis industry in the state. Like most other states that have legalized cannabis for recreational use, Ohio allows
LANSING - In a historic development for cannabis policy and tribal sovereignty in Michigan, the Cannabis Regulatory Agency and the Bay Mills Indian Community have officially signed the state’s first tribal-state cannabis compact, allowing the Upper Peninsula-based tribal nation to participate directly in Michigan’s licensed adult-use cannabis market. The agreement, finalized on July 25, 2025,
DETROIT - Invest Detroit has announced closing four transactions totaling $32 million using its New Markets Tax Credit allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund. The allocation will support four transformative projects in the city of Detroit. Invest Detroit is a mission-driven lender, investor, and partner that supports
WASHINGTON DC - The Federal Reserve on Wednesday kept short-term interest rates at a level of 4.25 to 4.5 percent, but two board officials running to succeed Fed Chair Powell voted to lower them. Nine of members of the Federal Open Market Committee agreed to keep rates unchanged. The two dissenters were Fed Vice Chair of
LANSING - It is time for the CRA’s Social Equity Team’s Quarterly Update! Check out what we have been up to this summer along with tips and reminders of the resources we offer. Education Sessions Check out the new additions to the Video Library on the CRA website. Browse all education sessions by topic or
CLEVELAND, Ohio – Recreational marijuana sales have generated $55 million in taxes since sales began a year ago, but the Ohio cities that host the dispensaries still haven’t gotten a dime of it. While municipalities that host dispensaries were initially promised 36% of those tax dollars, or roughly $20 million, they’ve been waiting for state
COLUMBUS - According to the Division of Cannabis Control, between August 7 and July 12, marijuana retailers in Ohio generated $653,066,896 in adult-use sales and $268,597,078 in medical marijuana purCombined, that’s $921,663,974 across 12,068,699 transactions—9,068,956 from recreational customers and 2,999,743 from medical marijuana patients. The average price per gram of marijuana flower has also fallen
LANSING - Under new bills making their way through the Michigan Legislature, police could swab your mouth on the side of the road and know within minutes if there are drugs in your system. While the bipartisan bills are garnering support in the name of safety, strong pushback is also emerging. Big picture view: Under Michigan law, driving
COLUMBUS - Ohio’s licensed marijuana market appears to be an outlier among the 24 states that have legalized cannabis. Ohio is expected to grow rapidly, while legal sales in more mature markets have stagnated. That’s likely to make the Buckeye State one of the primary drivers of the broader industry’s potentially huge growth in the
