Michigan Medical Cannabis Business & Marijuana Legal News

Michigan medical cannabis shortage might result in dispensary shutdowns

A lack of medical marijuana in Michigan could potentially result in the state’s approximately 40 licensed dispensaries shuttering their businesses until spring. Cannabis cultivators in the state didn’t start getting permits to grow until August, and that means a larger supply of licensed MMJ won’t be available in the state until next year when more […]

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Week in Review: OR cannabis firms owe the tax man, Ohio nears MMJ sales & some MI cities ban rec marijuana businesses

Oregon cannabis businesses fall behind on their tax obligations, Ohio inches closer to launching its tardy medical marijuana program, and some Michigan cities are prohibiting adult-use MJ companies. Here’s a closer look at some notable developments in the marijuana industry this week. Oregon tax crunch Oregon marijuana businesses may owe the state up to $15.7 […]

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Cannabis business predictions take center stage at MJBizCon 2018

Three more states could prove likely candidates to legalize recreational cannabis in 2019. Uncle Sam may be poised to reform the nation’s marijuana laws. And annual medical marijuana sales in the United States are projected to drop for the first time in 2018 – but the decline is expected to prove short-lived. Those were just three […]

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Michigan localities are saying ‘no’ to recreational marijuana

Some Michigan communities are already prohibiting adult-use marijuana businesses, a little more than a week after voters in the state approved legalization of recreational cannabis. According to various newspaper reports, Niles City in southwestern Michigan and Pinckney village in the southeastern part of the state have decided to opt out, at least for now. St. Joseph […]

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Pro-cannabis candidate Nessel wins Michigan’s closely watched AG’s race

In a victory for Michigan’s upcoming adult-use marijuana program and the cannabis businesses that will serve it, Democrat Dana Nessel defeated Republican Tom Leonard in the state attorney general’s race. Nessel was a vocal supporter of Proposal 1, the ballot question that legalized recreational cannabis. Leonard opposed the measure but told the press he’d uphold […]

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Key cannabis legalization wins could bring in upwards of $2 billion in new sales

Marijuana scored a sweeping victory at the ballot box on Tuesday, with voters approving new markets in Michigan, Missouri and Utah that eventually could generate $2 billion in medical and recreational sales.

Across the nation, voters installed the Democrats as the new majority party in the U.S. House of Representatives, improving the odds that lawmakers will pass federal marijuana reforms that benefit MJ businesses.

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Election updates, analysis & highlights

Marijuana Business Daily reporters were on the ground across the United States on Election Day 2018, providing live coverage of the midterms and their significance to the cannabis market. Scroll down for updates our staff filed from the states voting on cannabis-related proposals, as well as potentially pivotal U.S. congressional and gubernatorial races. For analysis of […]

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Michigan OKs recreational marijuana, creating potential $1.7 billion market

Michigan voters approved an adult-use cannabis initiative Tuesday, CNN projected, making the state the first in the Midwest to pass adult-use marijuana legalization. Nationally, Michigan is the ninth state to approve a full-fledged recreational marijuana program that permits commercial cultivation and sales. Marijuana Business Daily projects Michigan’s recreational cannabis market will generate $1.4 billion-$1.7 billion in […]

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Judge stops MI regulators from enforcing medical cannabis licensing deadline

A judge on Tuesday issued a temporary restraining order preventing Michigan from closing dozens of medical marijuana businesses that don’t have a license under the state’s new regulatory framework. The order comes just a day after the state’s regulators said they planned to begin delivering cease-and-desist letters on Nov. 1 to businesses that continue to operate without having […]

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Chart: Declines in wholesale prices hammer major recreational cannabis markets

Wholesale cannabis prices in recreational markets across the United States have fallen precipitously compared to last year, while prices in major medical markets are proving more resilient. According to figures provided by Cannabis Benchmarks, a Connecticut-based provider of wholesale marijuana pricing data, wholesale cannabis prices in Oregon and Washington state are down more than 50% […]

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