Report warns of Michigan’s illicit marijuana market, but some dubious
The Michigan Cannabis Manufacturers Association released a report this week which found that roughly 70% of cannabis sales…
News June 29
Latest In: Michigan
Detroit’s adult-use marijuana ordinance ‘likely unconstitutional,’ judge says
A judge suspended an ordinance in Detroit that would have given preference to long-term residents of the city…
News June 17
Cannabis retailers ease COVID-19 restrictions, but many require masks, other steps
As the U.S. eases out of the coronavirus pandemic, marijuana, CBD and hemp retailers are slowly adjusting their…
News June 1
Power REIT strikes $18.5 million deal to acquire Michigan cannabis greenhouse
Power REIT announced an $18.5 million purchase agreement to acquire a Michigan property that the real estate investment…
News May 26
Recreational marijuana states see population growth but loss of US House seat
The population in the 17 states where recreational cannabis is legal, as well as Washington DC, continued to…
News May 4
Marijuana MSO Ascend Wellness aims to raise $80 million via IPO
Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public offering aimed at bankrolling…
News April 29
How cannabis extraction companies can reduce energy costs
Energy is one of the largest costs for any cannabis manufacturing facility, and power consumption is a large…
News April 22
California-based Connected Cannabis completes $30 million raise
Connected International Co., which does business as Connected Cannabis, said it closed on a $30 million capital raise…
News April 14
Michigan marijuana sales reach record $115.4 million in March
Michigan's medical and recreational cannabis market continues to post record numbers, with sales reaching $115.4 million in March, more…
News April 14
Judge stops Detroit adult-use cannabis licensing over residency dispute
A federal judge has temporarily halted Detroit regulators from processing adult-use cannabis license applications in response to a…
News April 9
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