News

Michigan To Distribute $42.2 Million To 163 Municipalities, Counties From Marijuana Taxes

LANSING – The Michigan Department of Treasury announced that more than $42.2 million will be distributed among 163 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act. Next week, 62 cities, 15 villages, 33 townships and 53 counties will be receiving payments from the Marihuana Regulation Fund. For the

By |2022-03-29T10:40:08-04:00March 29th, 2022|Marijuana Business, News|

Trucenta Opens Michigan’s First Licensed Cannabis Consumption Lounge in Hazel Park

HAZEL PARK - Hot Box Social, the state’s first licensed consumption lounge, will open this month for private events. Located at 23610 John R in Main Street Hazel Park, Hot Box Social is a relaxed gathering space for meetings and special events where cannabis can be consumed in a safe and supportive environment.  Capacity is

By |2022-03-29T12:59:02-04:00March 28th, 2022|Marijuana Business, News|

Michigan Attorney General Nessel To Speak at Hash Bash 2022 On UM Campus April 2

ANN ARBOR - Michigan Attorney General Dana Nessel will be one of the featured speakers on April 2 at the Hash Bash, the 50-year old event held on The Diag at the University of Michigan's Ann Arbor campus. Two blocks away, the Monroe Street Fair will feature products made by Michigan cannabis and hemp companies.

By |2022-03-21T16:24:22-04:00March 21st, 2022|Featured, Marijuana Business, News|

Consumer Confidence, Purchases, New Orders Rose In February

GRAND RAPIDS — Consumer confidence, purchases and new orders all rose in February, likely boosted by the sharp decline in the number of positive COVID-19 cases in West Michigan and the nation, according to Brian G. Long, director of Supply Management Research in the GVSU Seidman College of Business. Yet, Long said, February's numbers were

By |2022-03-19T16:17:22-04:00March 19th, 2022|Featured, News|

Report: U.S. Consumers To Spend Record $1 Trillion Online In 2022

NEW YORK - U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the pandemic-driven shift to online shopping, a report from Adobe Analytics contends. The forecast represents a jump of 13 percent from 2021 and follows a total spend of $1.7 trillion over the course of two

By |2022-03-19T16:17:23-04:00March 19th, 2022|Featured, News|

Michigan CEOs Confident On Michigan Economy, Concerned About Labor Shortages, Inflation

DETROIT – Concerns about labor shortages and inflation are weighing on the minds of Michigan’s business leaders, according to a quarterly economic survey released today by Business Leaders for Michigan. Labor shortages are being felt across all job categories, including in manufacturing, office and front-line positions, with 85 percent of survey respondents expecting to have trouble

By |2022-03-03T19:36:55-05:00March 3rd, 2022|Featured, News|

MCMA Furious As MRA Authorizes Cannabis Microbusiness License Expansion

LANSING - The Michigan Cannabis Manufacturers Association is calling on state leaders to address the Michigan Marijuana Regulatory Agency’s proposed expansion of the state’s Class A Microbusiness License — something the MRA is not authorized to do under state statute, Benzinga reports. The MCMA, comprised of many of Michigan's largest growers, processors and  cannabis licensees, says the state Legislature – not state agencies

By |2022-03-02T11:45:45-05:00March 2nd, 2022|Marijuana Business, News|

Michigan Marijuana Report Partners with Small Business Association of Michigan

ANN ARBOR – Michigan Marijuana Report has formed a strategic partnership with the Small Business Association of Michigan to give cannabis businesses access to SBAM’s group buying power for products and services, including low-cost insurance. “We’re excited to work with SBAM, an organization I have been a member of for more than a decade,” said

By |2022-03-01T10:22:38-05:00March 1st, 2022|Featured, Marijuana Business, News|

Cannabis Jobs In Michigan Grew By 72 Percent in 2021, Third Behind California And Colorado

SEATTLE -  Cannabis sales in Michigan shot up 81 percent in 2021, reaching $1.79 billion and supporting 31,152 jobs. That 72 percent annual growth in jobs puts Michigan behind only California and Colorado in terms of total state cannabis employment. Michigan maintains robust medical and adult-use markets, with 402 dual (adult-use and medical) retailers, 47

By |2022-02-27T10:50:35-05:00February 27th, 2022|Marijuana Business, News|

Consumers Energy Foundation Put Your Town On The Map Competition

JACKSON—The Consumers Energy Foundation is bringing back the Put Your Town on the Map pitch competition to provide $50,000 for big ideas in Michigan’s small towns. The Put Your Town on the Map competition provides dollars for three projects that aim to help small communities in Michigan grow and thrive. Communities with a population of

By |2022-02-27T10:50:36-05:00February 27th, 2022|News|