Michigan changes course on hemp-derived THC
Michigan is backing off a plan to allow hemp-derived THC products to be sold alongside marijuana products after the state’s MJ industry complained it could not compete with lower-cost hemp THC.
MI inexplicably blocks sale of millions of dollars worth of marijuana edibles
Michigan marijuana regulators blocked the sale of $5 million-plus worth of products from a marijuana edibles company without providing an explanation.
Cannabis MSO TerrAscend continues Michigan acquisition spree
Multistate cannabis operator TerrAscend is increasing its footprint in Michigan through a $28.5 million deal to acquire a six-store chain that will expand its operations in the state to 17 medical and adult-use marijuana outlets.
Detroit Council OKs adult-use marijuana ordinance; initial licensing to begin 4/20
The Detroit City Council finally signed off on a long-awaited local ordinance to kick-start the municipality’s adult-use marijuana industry.
How cannabis companies are capitalizing on 4/20 amid easing COVID-19 restrictions
As the biggest shopping day of the year for the cannabis industry approaches, businesses are preparing for 4/20 with loosened COVID-19 pandemic restrictions and a focus on selling flower, mainly in the form of pre-rolls.
Opinion: Marijuana momentum in 2022? Look to the Midwest
Everyone in the cannabis business has their eyes on the Northeast, and for good reason.
But cannabis multistate operators should think about setting their sights a bit farther west, to states such as Michigan, Missouri, Nebraska and Ohio.
IRS ramps up marijuana business audits after COVID-19 lull, sources say
Marijuana industry tax experts are warning clients of a new wave of audits targeting cannabis companies and their 2019 returns, which could result in additional tax bills for businesses.
