What Michigan’s new marijuana wholesale tax means for businesses and consumers
The tax is expected to bring in $420 million for road improvements, but cannabis industry advocates say it could undermine the state’s marijuana market.
Cannabis business reacts to 24% wholesale tax going into effect on Jan. 1
On Thursday, a new 24% marijuana wholesale tax was imposed on top of the state’s already existing 10% retail tax and 6% sales tax, placing a 40% total tax on the products.
How long will the cannabis stock rally last?
Many cannabis stocks have experienced significant growth over the past six months. For instance, shares of Tilray Brands (NASDAQ: TLRY) have increased by 125% over this period, while those of Curaleaf …
New Year’s Eve Cannabis Recall Hits 295 Colorado Dispensaries
Colorado’s cannabis industry ended 2025 with a vast recall hitting nearly 300 dispensaries.
California rolled back cannabis tax, but LA businesses say they’re still struggling
The state acknowledged challenges facing legal marijuana businesses and passed Assembly Bill 564 to “provide immediate tax relief to the cannabis industry,” according to the bill. The law signed by …
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Baker grain elevator cannabis plan rejected by Clay County Commission
Board members said their decision was rooted in existing zoning rules and the feedback they received from neighbors, rather than the cannabis industry itself.
Michigan finalizing how to collect 24% marijuana tax as bipartisan senators seek repeal
It’s been more than 60 days since a 24% wholesale tax on marijuana went into effect in Michigan, but state officials are still working to figure out exactly how to collect it from cannabis industry …
L.A. cannabis businesses owe $400 million. The city may get only $30 million
Based on a projection that about half of eligible cannabis businesses would take part in the program, the city would collect about $30 million in back taxes while waiving about $25 million in …
Michigan lawmakers seek to repeal 24% cannabis wholesale tax as sales slump, businesses close
A bipartisan group of state senators is trying to repeal Michigan’s controversial 24% wholesale marijuana tax, arguing the new levy is already hurting an industry that was once one of the state’s …
Look back at the top business stories of 2025
Waabigwan Mashkiki, Moorhead’s first recreational-use cannabis dispensary, opened in May. See what other stories made our list for 2025.
NewLake Capital Partners: The Best Way To Participate In Cannabis Rescheduling
NewLake Capital Partners is a U.S. REIT focused on cannabis-related real estate, operating in states like Pennsylvania, Florida, and Illinois. Read why I rate NLCP stock a Strong Buy.
Cannabis licensees could face lower grow limits
Beginning on Thursday, regulators will review Massachusetts cannabis cultivators seeking license renewals to determine whether to relegate licenses to a lower tier. If the Cannabis Control Commission …
San Diego’s 10% cannabis business tax comes up short
San Diego’s cannabis business tax has doubled since it was approved by voters in 2016. Retailers in the city face competition from the illicit market and lower-tax suburbs.
Bay Area bank that finances cannabis businesses sees opportunity in reclassification ‘once the smoke clears’
A San Francisco bank with just $700 million in assets finances legal cannabis businesses in California as other banks shun the industry.
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