Latest In: Michigan

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Michigan company’s marijuana license revoked over illicit extracts

A Michigan marijuana company is surrendering its processor licenses because it was combining legal and unregulated cannabis in…

News March 21
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More than half of US hemp flower grown in California

California led the nation in hemp flower acreage and production in 2022, according to an MJBizDaily analysis of…

News March 7
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Herbl receivership unloads 3 assets from marijuana distributor’s historic collapse

Two buyers placed winning auction bids of more than $1.4 million to acquire certain assets from California marijuana…

News March 6
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Corruption allegations highlight risk-reward of limited cannabis licenses

Rejected for a coveted cannabis retail license in an affluent California wine country town, a small marijuana retail…

News March 5
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Michigan, Georgia raids net thousands of cannabis plants, hundreds of pounds

Recent law enforcement raids in Michigan and Georgia have resulted in the seizure of thousands of plants and…

News February 29
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Marijuana tech company Agrify prices public offering to raise $2.6 million

Marijuana technology company Agrify Corp. has priced a public offering to raise gross proceeds of $2.6 million.

News February 28
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Michigan marijuana company buys 11 stores from in-state competitor

Stash Ventures, a vertically integrated marijuana company in Mount Pleasant, Michigan, acquired 11 stores from Cloud Cannabis Co.…

News February 2
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Cannabis tech company Agrify gets extension for Nasdaq rule compliance

Cannabis tech company Agrify Corp. said it will keep its listing on the Nasdaq for now as it…

News January 31
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Michigan’s total marijuana sales reach $3 billion in 2023

Marijuana retailers in Michigan sold a whopping $3.06 billion in adult-use and medical products in 2023, according to…

News January 17
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Adult-use marijuana sales growth in 2023 varied by market age

Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining…

News January 10
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