Michigan’s cannabis tax gamble comes up short in first quarter
The tax, which kicked in Jan. 1, was at the center of a bipartisan road-funding deal that ended…
News June 5
Latest In: Michigan
Cannabis MSO lands in receivership over $210 million debt to lender
New Jersey-based TerrAscend Corp. is in receivership in Michigan after defaulting on a $210 million loan.
News May 22
Fluent trims New York cannabis operations ahead of Vireo deal
Etain, owned by Fluent, will close its cannabis cultivation and packaging facility in Chestertown, and 37 people will…
News May 13
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The Medical Card Has a New Argument
Federal rescheduling handed the medical tier a tax tool it never expected. Whether operators use it — and how fast — is what the next few years of market data…
June 2
States crack down on cannabis border commerce as others compete
Cannabis retailers are used to drawing customers from across state lines, but recent changes to state law may…
News April 16
Michigan governor candidate vows to repeal cannabis tax as new lawsuit filed
A longshot candidate for Michigan governor has vowed to repeal the state's new 24% wholesale cannabis tax if…
March 30
New 24% wholesale tax continues to punish Michigan cannabis
Preliminary Headset data projects that statewide cannabis revenue sank to $206.18 million last month – a 14.8% drop…
News March 10
Cannabis tax cuts proposed in two states
State lawmakers in Michigan and Alaska have introduced bills that would cut cannabis taxes significantly.
News March 4
Excessive cannabis taxes will make legalization’s ‘problems’ much worse
Alarmed by marijuana legalization's unintended or unforeseen consequences, the New York Times recently called for widespread tax hikes…
News February 27
Tax hike crashed Michigan marijuana sales
An unprecedented cannabis tax hike that took effect in Michigan on Jan. 1 significantly depressed legal sales, recent…
News February 24
Michigan cannabis shops tighten security amid surge in break-ins
The crimes are being attributed to the lucrative resale of stolen cannabis products, saying the robberies are rarely…
News February 2
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