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 data from the state’s Cannabis Regulatory Agency.
Marijuana retailers in Michigan sold a whopping $3.06 billion in adult-use and medical products in 2023, according to data from the state’s Cannabis Regulatory Agency.
The Biden administration’s push to reclassify marijuana under federal law would not by itself open the door for pharmaceutical companies to seize control of the $34 billion legal U.S. cannabis industry.
Wisconsin State Assembly Speaker Robin Vos says he won’t amend a Republican bill that would create a restrictive medical cannabis regime, despite opposition from some fellow GOP lawmakers.
California marijuana company Unrivaled Brands is now under the Blüm Holdings umbrella after completing a previously announced strategic reorganization and reverse stock split.
Seven companies in Panama were granted licenses to manufacture medical cannabis products after a lengthy evaluation by the country’s National Directorate of Pharmacy and Drugs.
State-regulated medical cannabis programs and illicit users are at least in part to thank for the Biden administration’s recommendation that marijuana be moved from Schedule 1 to Schedule 3 of the Controlled Substances Act.
Since launching in July 2023, the recreational marijuana market in Maryland has grown month-over-month, ending 2023 at $331.8 million in sales, according to data from the Maryland Cannabis Administration.