This story was reprinted with permission from Crain’s Detroit. Michigan regulators want to end the controversial conversion of CBD to THC, a method that’s plagued the state’s legal marijuana market amid basement low prices and shrinking margins. The Cannabis Regulatory Agency issued new proposed rules for the state’s regulated market Monday as it prepares to close […]
News from: New York, Georgia, USDA and more. The Daily Hit is a recap of the top financial news stories for Monday, November 18, 2024. On the Site New York judge rules some hemp shops can remove ‘illicit cannabis’ signs The lawsuit is challenging crackdown efforts by city officials. Read more here. Georgia medical cannabis […]
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This story was republished with permission from Crain’s Detroit. Michigan marijuana prices dropped another 6% in October, setting yet another record low and putting more pressure in the already strained cannabis operators in the state. But has the state industry seen bottom? The average price for an ounce of cannabis flower in Michigan’s adult-use market has […]
This story was republished with permission from Crain’s Detroit. After months of legal drama, cannabis real estate developer Jeffrey Yatooma failed to legalize marijuana operations in Howell — one of the last coveted communities for weed sales in Southeast Michigan. Voters in the Livingston County seat voted down a ballot initiative with more than 52% […]
This story was republished with permission from Crain’s Detroit. The remaining assets — ovens, centrifuges, laptops, lighting and a candy production line — of the state’s once-largest marijuana growing operation are up for auction. Skymint, whose cultivation assets have been under the authority of a court-ordered receiver since March 2023, is auctioning off the remainder […]
This story was republished with permission from Crain’s Detroit. Detroit City Council Member Angela Whitfield Calloway issued a draft city code amendment to her peers this week to put restrictions on marijuana advertising in the city. The amendment would force advertising done by marijuana retailers to follow the same rules as alcohol advertising in the […]
News from: BevCanna, Michigan, Avant Brands, Leafly and more. The Daily Hit is a recap of the top financial news stories for Tuesday, October 15, 2024. On the Site BevCanna changes name as it says goodbye to cannabis The new company will focus on nutraceuticals after its recent acquisition. Read more here. Leafly at risk […]
News from: StateHouse Holdings, Wana Brands, Canopy Growth Corp., New Mexico and more. The Daily Hit is a recap of the top financial news stories for Wednesday, October 9, 2024. On the Site With StateHouse on the brink, Harborside founders won’t rule out buying it back “There’s nothing in the world that would make us […]
Muha Meds Marries Opportunity and Efficiency – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Source link
