News

Industrial Hemp Big Business Opportunity In Michigan – Expo May 20-21 In Lansing

ANN ARBOR - Growing industrial hemp was made legal in the 2018 Farm Act. But figuring out how to grow it in Michigan, and building the infrastructure needed to transform it into the 20,000 products that can be made from hemp, has proven to be challenging, Dave Crabill, president of iHempMichigan, admits. But the business

By |2022-05-02T17:56:32-04:00May 2nd, 2022|Marijuana Business, mitechtv, News|

4/20 Holiday Racks Up Record Sale of 2.3 Tons of Cannabis In Michigan

LANSING - Consumers purchased more than 2.3 tons of marijuana flower from Michigan provisioning centers on April 20, Cannabis Regulatory Agency Executive Director Andrew Brisbo tweeted. Initial data shows overall sales of flower on 4/20 in 2022 were up 242 percent from the same day in 2021 (which were up 444 percent vs 2020). Flower

By |2022-04-26T12:24:38-04:00April 26th, 2022|Marijuana Business, News|

90 Companies Win Michigan Celebrates Small Business Awards

LANSING - Ninety small businesses in Michigan have been selected from a pool of over 550 nominations as award recipients at the 18th annual Michigan Celebrates Small Business Gala. This year’s honorees span 14 different business sectors and hail from every corner of the state. From a hunting gear manufacturer in the Upper Peninsula to

By |2022-04-24T16:55:55-04:00April 24th, 2022|Entrepreneurs, News|

Michigan Marijuana Report, SBAM Form Strategic Partnership

ANN ARBOR - Michigan Marijuana Report, Edited and co-founded by MITechNew Editor and Publisher Mike Brennan, has formed a strategic partnership with the Small Business Association of Michigan. What that means is sponsors of MIMarijuanaReport.Com will automatically get an SBAM Premium Sponsorship when they purchase an MMR sponsorship. The SBAM sponsorship gets them many perks,

Study: 55 Percent Of Small Businesses Plan To Hire New Employees In 2022

WASHINGTON DC - The Manifest surveyed 1,003 small business owners and managers and found that 55% of small businesses are planning to add more employees to their team in 2022. Social media platforms such as LinkedIn are playing a huge role in helping small businesses (60%) find credible candidates. However, a clear majority of the

By |2022-04-18T18:19:08-04:00April 18th, 2022|Featured, News|

Analysis: Adult-Use Cannabis Sales Generated Nearly $4 Billion in Tax Revenues in 2021

WASHINGTON DC - Tax revenues derived from the licensed retail sale of state-legal, adult-use cannabis products grew by more than 30 percent between 2020 and 2021, totaling over $3.7 billion last year – according to an analysis provided by the Marijuana Policy Project. MPP’s figures do not include revenues derived from the sales of medical cannabis products

By |2022-04-15T12:09:19-04:00April 15th, 2022|Featured, Marijuana Business, News|

MICHIGO Cannabis Tourism Group Seeks Cannabis Friendly Lodging Throughout Michigan

ANN ARBOR - A non-profit group has been formed to capitalize on a growing trend around the United States, cannabis tourism. The group, MICHIGO.Org, is particularly keen to promote cannabis-friendly lodging, including AirBnBs that have loser rules than large corporate hotel and motel chains. Co-founder Andy McFarlane joins Mike Brennan to talk about MICHIGO and

By |2022-04-12T08:34:31-04:00April 12th, 2022|Marijuana Business, mitechtv, News|

Democrats Face Tough Republican Opposition In Winning Senate Approval Of Legal Cannabis

WASHINGTON DC - Senate Majority Leader Charles Schumer (D-N.Y.) is facing significant obstacles in his legislative push to legalize marijuana, with resistance from Republicans and members of his own party threatening chances of passage in the upper chamber. Schumer has said that his aim is to bring a comprehensive marijuana reform bill forward later this month, weeks

By |2022-04-14T17:15:24-04:00April 11th, 2022|Marijuana Business, News|

Reach Nearly $2 Billion Michigan Cannabis Business Market For About $10 A Day

ANN ARBOR - If your company wants to reach a rapidly expanding market segment with products and services businesses want and need, you should check out the adult-use and legal cannabis industry in Michigan. Last year, some $1.8 billion in sales were reported. State officials predict sales in 2022 could rise to $2.8 billion or

By |2022-04-04T14:16:43-04:00April 4th, 2022|Marijuana Business, News|

Common Citizen Cuts Cultivation Partnership With Mike Tyson’s Premium Cannabis Line

Common Citizen, which produces safe, high-quality cannabis products for patients and adult-use customers, today announced a historic cultivation partnership with boxing legend Mike Tyson’s premium cannabis line, California-based Tyson 2.0. Common Citizen will grow Tyson’s cannabis at its state-of-the-art hybrid greenhouse in Marshall, and will first yield “Knockout OG” and “Pound for Pound Cake”— both favorite strains of Tyson’s.

By |2022-04-03T17:14:22-04:00April 3rd, 2022|Marijuana Business, News|