Tens of millions of dollars have been doled out to local governments across Michigan as a result of the state’s cannabis industry. FOX 2 Detroit reports that the state sent out nearly $60 million to counties and local governments. “Local governments that have approved the recreational sale of weed... Read more
City leaders in Ferndale, Michigan voted this week to decriminalize psilocybin mushrooms and other natural psychedelics, making the city in the Detroit metropolitan area the fourth municipality in the state to reform laws prohibiting the promising drugs. The Ferndale City Council voted unanimously on February 27 to approve a... Read more
Michigan municipalities to share nearly $60M in recreational marijuana tax revenue – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
The Michigan Cannabis Regulatory Agency this week suspended the license of one of the state’s licensed marijuana processors, alleging that the company used illicit cannabis extract to manufacture some of its products. In an announcement from the Michigan Cannabis Regulatory Agency (CRA) released on Tuesday, the regulator announced that... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Cannabis... Read more
A noticeable uptick in cannabis delivery driver robberies is being reported in Michigan, as authorities scramble to control the problem before it snowballs into something worse. The Michigan Cannabis Regulatory Agency (CRA) issued a bulletin Tuesday notifying cannabis businesses there’s been a rise in criminal activity. Macomb Daily reports... Read more
With medical cannabis legal in the majority of states in the country, the number of adults who have turned to the treatment for chronic pain has likewise increased. That is the finding of a new study from researchers at the University of Michigan that was published in JAMA Network... Read more
Recreational marijuana officially went on sale in Detroit on Wednesday when the medical dispensary House of Dank on Fort Street, near the border of Lincoln Park, opened its doors to recreational buyers. A few hours later on the opposite side of the city, DaCut, a medical marijuana dispensary on Gratiot Avenue... Read more
Calling them rushed, Michigan Gov. Gretchen Whitmer recently vetoed 11 bills including three medical cannabis bills, with others related to retirement and tax. The governor did however sign into law six other bills approved by the Legislature. Michigan Advance reports that Whitmer said in her veto letter to the... Read more
It’s been a great year for Michigan marijuana customers, who are paying less than ever for increasingly potent cannabis. As of November, the average retail cost for an ounce of marijuana had dropped to a record low of $95 with some strains dipping to near $60 an ounce in... Read more
