WASHINGTON DC - USDA’s National Agricultural Statistics Service released the results of the 2021 Hemp Acreage and Production Survey in its National Hemp Report showing the value of U.S. hemp production in the open totaled $712 million. The value of production for hemp that was grown under protection in the U.S. totaled $112 million. Planted
ANN ARBOR - The Monroe Street Fair on April 2 is looking to work with general businesses that want to do business with Michigan's rapidly expanding legal cannabis companies. Fair Co-Founder Charlie Strackbein joins Matt and Mike on MITech TV to explain how these businesses can benefit by becoming a Fair sponsor, where at least
LANSING - After a record-setting December and an equally booming 2021, Michigan’s adult-use cannabis sales decreased 9 percent to $152.6 million in January though 41 percent up from a year ago. The Michigan Marijuana Regulatory Agency, which breaks down sales by medical and adult-use, reported medical sales falling 32 percent from a year ago to $28 million, down 15 percent sequentially, and
DETROIT - The retail sale of cannabis and cannabis products like CBD oil and gummies, is one of the fastest growing industries in the U.S. and abroad. If not for ongoing federal legal regulation and associated problems with central bank financing, the industry and its healing, medicinal, and recreational products would be skyrocketing. Or so
DETROIT - Paczki Vodka, made with real Paczkies made in Detroit, will be going on sale online on Friday Feb. 11 at 8 am. A year ago the cult classic sold out the entire run of 4000 bottles in 22 minutes. Detroit City Distillery co-owner Michael Forsyth joins Matt and Mike on MITech TV to
GRAND RAPIDS — West Michigan businesses will continue to rebound from the pandemic but Grand Valley State University researchers said growth will slow later this year due to a likely rise in interest rates. Paul Isely, professor of economics and associate dean in the Seidman College of Business, detailed his benchmark survey of the regional economy
DETROIT - Come their Feb. 25 paychecks, approximately 42,500 U.S. hourly workers at General Motors Co. will receive up to $10,250 in profit-sharing based on the Detroit automaker's strong 2021 financial results, the company announced Tuesday. But workers at one plant that was idled for long stretches last year because of semiconductor chip shortages may not
DETROIT - Weed, marijuana, cannabis, the “devil’s lettuce,” reefer madness, are all relatively well known terms in today's society. With modern times bringing modern solutions to age-old “problems,” the public opinion of marijuana is shifting. This is a good thing, with decriminalization of a substance that is arguably more safe than drinking alcohol, to full
ANN ARBOR - New vehicle prices in the past 12 months have soared 10 percent and used vehicle prices a whopping 37 percent, according to a new report from Anderson Economic Report. AEG's Christina Benton joins MITechNews.Com Editor Mike Brennan to provide details. More information at AEG You can read the report at MITechNews.Com https://youtu.be/wfBWJZ_Ey9Y
ANN ARBOR - Terry Willis, founder of TerryWorldWide.Com, started his Detroit-based business in 2010 and works closely with Home Depot to supply various construction materials. Terry Willis, CEO TerryWorldWide Now the entrepreneur is taking a close look at adding a cannabis line of business in Detroit to his portfolio. To find out why
