For cannabis extraction companies, becoming more efficient and more productive goes hand in hand with expansion and scaling up.
How to cut costs and make your cannabis extraction operation more efficient is a post from: Marijuana Business Daily: Financ…
Michigan Medical Cannabis Business & Marijuana Legal News
Regulators crack down on Michigan credit union’s marijuana banking
An independent federal agency cited a Michigan credit union for failing to comply with marijuana banking regulations and ordered the financial institution to stop opening new cannabis accounts. American Banker reported that the case involving Live Life…
SPAC to acquire four marijuana operations in $210 million deal
New York-based Greenrose Acquisition Corp., a special purpose acquisition company, entered into definitive agreements to acquire four marijuana businesses in a deal initially valued at $210 million. The companies to be acquired are Futureworks (doing b…
Michigan to spend $20 million from cannabis tax revenue on MMJ research
Michigan is allocating $20 million of its recreational marijuana tax revenue this year toward cannabis-related medical research. The move to fund research comes after some confusion about marijuana tax disbursements earlier this month, MLive.com report…
Detroit sued over locals-preferred cannabis licensing rule
An aspiring cannabis business owner who says she has lived in or around Detroit most of her life is suing the city for allegedly discriminating against marijuana business license applicants who don’t meet the definition of who qualifies as a resident. …
Cannabis-infused beverage sales up 40%, helped by consumers seeking convenient products
Sales of cannabis-infused beverages are up 40% from a year ago as companies bank on new consumers to the marijuana market finding THC and CBD drinks familiar and convenient.
Cannabis-infused beverage sales up 40%, helped by consumers seeking convenient…
Michigan loosens eligibility demands for recreational cannabis licenses
Michigan’s recreational cannabis market will open up to new competition beginning March 1, when applicants for multiple classes of adult-use marijuana licenses will no longer require an active medical MJ license to be eligible. The state’s …
Sales of cannabis pre-rolls up nearly 50% in 2020 despite pandemic
Marijuana pre-rolls are the second-fastest growing product category year-over-year despite conventional wisdom that the often-shared product would suffer during a global pandemic caused by a respiratory-related virus.
Sales of cannabis pre-rolls up nea…
Mainstream businesses are bracing for minimum-wage hike, but many cannabis firms already pay more
Half the states across the country have increased – or will raise – the minimum wage paid to hourly workers this year, but many cannabis businesses, including retailers, are unlikely to feel much of an impact. That’s because most say they a…
Marijuana concentrate sales up 40% as more consumers turn to the product category
Cannabis concentrates are gaining a larger share of the overall market and increasing in price as consumers become more comfortable with the intricate process of dabbing and technology makes consumption of the products easier.
Marijuana concentrate sal…