LANSING - A six-bill bipartisan package that includes treating vaping like a tobacco product and taxing it at 24% was introduced this week in the Michigan Senate. The flagship bill is SB 781, sponsored by Senate Minority Leader Jim Ananich (D-Flint), that would place vaping products under Michigan's "Tobacco Products, Tax Act." This approach is
LANSING - According to Anderson Economic Group’s monthly AndCan®Index, demand for legal cannabis products in the United States continued to climb in November 2019. AEG’s experts produce this monthly measurement by closely following 50 state trends for both the recreational and medicinal marijuana markets. Monthly calculations are based on benchmarks developed when AEG first began assessing
LANSING- Although Michigan’s sales of recreational cannabis have lagged behind Illinois’ cash register totals, a leading expert on investments predicts Michigan’s market to be stronger in the long term. Similarly, a recent census reveals a dramatic loss of jobs in the cannabis industry as MMFLA rules were enacted- but a well-known industry figure says that
LANSING—Michigan’s largest employers anticipate the state’s economic growth will continue to lag that of the United States though they are generally more optimistic about both the state and national economies in 2020 than earlier in 2019. “The business leaders for Michigan’s largest companies continue to believe Michigan’s economy is more likely to grow slower than
ANN ARBOR - Cannabis business entrepreneur Charlie Strackbein started the Ann Arbor Monroe Street Fair two decades ago to provide support for the Ann Arbor Hash Bash, a counterculture weed festival that began in April 1972 on the Diag at the University of Michigan. This year’s installment is scheduled for Saturday April 4 and will
GRAND RAPIDS — The West Michigan industrial economy remains marginally soft, and is poised for slower growth in 2020, a Grand Valley State University economist said Wednesday. Brian G. Long, director of Supply Management Research in Grand Valley State University's Seidman College of Business, surveyed local business leaders and his findings below are based on
LANSING - On a party-line 6-3 vote, the Michigan Senate Regulatory Reform Committee reported out a concurrent resolution to oppose labor peace agreements being a requirement a company must meet to be eligible for licensing under the Marijuana Regulatory Agency's permanent rules. The measure is sponsored by committee chair Aric Nesbitt (R-Lawton), who has compared
GRAND RAPIDS— In 2020, the West Michigan economy will see flat employment growth, weakening sales growth and strengthening export growth, according to a Grand Valley State University economics professor. Paul Isely, professor of economics and associate dean in the Seidman College of Business, unveiled his benchmark survey of the regional economy January 23, during the 2020 Colliers
DETROIT - On January 31, Gage Cannabis Co. opened Cookies, a new flagship cannabis provisioning center in the heart of Detroit, with a mammoth blue street party on 8 Mile Road. Based in the Bay Area, Cookies' Founder and CEO Berner is a prolific rapper and entrepreneur along with his partner, Jigga, a highly respected
ROYAL OAK -Mike Elias, CEO of Common Citizen, announces his 200,000 square foot cannabis greenhouse in Marshall, MI., opens on Feb. 8. Eventually it could expand to 1.2 million square feet and provide marijuana to the Great Lakes region and perhaps beyond. To view the video interview, click on https://youtu.be/DOAB21o2Jfs Mike Elias
