Legal battle brews over Michigan’s new marijuana tax
Michigan’s leading cannabis trade group on Tuesday filed a lawsuit challenging the new 24% wholesale tax Gov. Gretchen Whitmer recently signed into law. The lawsuit, filed in the state Court of Claims by the Michigan Cannabis Industry, seeks to block the tax,...
MJBizCon highlights women driving diversity in cannabis
From building successful brands and advocating for social equity to shaping policy and advancing cultivation science, women are breaking barriers, driving innovation and championing equity in the cannabis industry. The stories of Tiana Woodruff, Eden Williams, Asya...
New York cannabis sales hit record-breaking $214.4M
New York’s legal marijuana market saw impressive growth at the end of the summer, hitting a record-breaking $214.4 million in sales for August. It’s the highest monthly sales figure in the nearly three-year history of the industry in the state, according to...
Hemp THC ban, cannabis reform in limbo during federal shutdown
As the wheels of the U.S. federal government – or most of them – remain halted following the budget impasse and resultant shutdown that began at midnight Oct. 1, progress toward realizing the $32 billion cannabis industry’s Washington wishlist is also frozen. While...
Nebraska medical marijuana stalled as licensing deadline missed
Marijuana growers will have to wait on beginning operations after Nebraska officials missed a deadline to issue licenses under a voter-approved initiative that legalized medical marijuana. Despite strong voter support for the measures, Nebraska’s Republican...
How tribes are shaping the cannabis industry
When Mary Jane Oatman first met Rob Pero in 2021, it wasn’t over a boardroom table or at a formal conference – it was through their shared passion for cannabis and its potential to transform indigenous communities. Pero, owner of CBD beverage company Canndigenous, was...
Massive Michigan cannabis tax hike approved
Michigan cannabis will soon become some of the most heavily taxed in the United States after state lawmakers approved a new 24% wholesale tax early Friday. That’s on top of an existing 10% excise tax and a 6% sales tax in the $3.2 billion market, which operators now...
California regulates hemp and marijuana under one framework
California Gov. Gavin Newsom on Thursday signed new legislation to regulate intoxicating hemp products and strengthen efforts to prevent illegal sales, particularly to children. Assembly Bill 8 is a move toward regulating all intoxicating cannabinoid products –...
Massachusetts cannabis czar promises to ‘repair trust’ and streamline process
Massachusetts’ recently returned cannabis czar pledged Wednesday to “repair trust” with operators in the state’s $1.6 billion adult-use marijuana market. Shannon O’Brien, reinstalled as chairperson of the state Cannabis Control Commission (CCC) last month after a...
MSO TerrAscend sells 3 stores as it exits Michigan cannabis market
Michigan’s largest cannabis company is set to acquire three former Gage Cannabis retail locations following the exit of multistate operator TerrAscend Corp., Gage’s parent company, from the state’s market. Evart-based Lume Cannabis will take over: TerrAscend’s...
Ohio cannabis companies sue regulators over strict rules
Seven Ohio cannabis companies are suing state regulators to overturn strict product and advertising rules they claim conflict with the state’s 2023 voter-approved legalization law. Cleveland-based Ancient Roots, Akron-based Fire Rock and five other businesses...Featured
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