MICHIGAN—Hashish is an enormous deal in Michigan—and there’s by no means a scarcity of newsworthy headlines from the trade because the state inches nearer to turning into the nation’s weed capital.
Listed here are eight issues you should know this week:
SOUTHERN SALES: With Ohioians lately voting to legalize leisure weed and retail gross sales anticipated to start within the state as early as this summer season, Michigan’s pot retailers—particularly these situated alongside the southeastern border—are reportedly anticipated to see a decline in gross sales.
BLAZED BIRDIES: A person from Michigan reportedly took 500 mg of cannabis-infused edibles, tried to play 18 rounds of golf, after which recorded the journey for a one-hour YouTube video.
AWAITING UNCLE SAM: Michigan dispensaries are reportedly wanting to entry business banking and customary enterprise tax deductions, which might be made doable amid ongoing federal plans to downgrade hashish from a Schedule I to a Schedule III managed substance.
DIGGING INTO DATA: A current evaluation from Crain’s Detroit Enterprise discovered that Michigan’s rock-bottom marijuana costs have performed a big position in serving to Michigan outpace California within the variety of particular person hashish merchandise bought in every state each month.
IF YOU BUILD IT: The town of Mt. Nice is reportedly turning into a brand new mecca for pot retailers, with 11 dispensaries having opened within the metropolis in 2023—and extra nonetheless within the works for 2024.
STUPID GAMES: Fees are reportedly pending towards three males accused of breaking right into a TruLeaf dispensary in Van Buren County to steal weed. A fourth suspect remains to be on the free.
BUSINESS BOOM: The variety of tribally owned dispensaries has reportedly elevated 25% over the past yr, with 57 tribally owned dispensaries in 9 states—together with in Michigan.
CANNABIS 101: Baker School and Home of Dank are reportedly teaming as much as supply new cannabis-related internships within the Detroit space—all with the aim of connecting extra college students with new job alternatives and creating an area expertise pipeline for the state’s hashish trade.
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