Tag: Investing

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Michigan cannabis company calls regulators ‘ruthless’ as it agrees to shut down, exit industry

This article was reprinted with permission from Crain’s Detroit Business. Hazel Park, Michigan, marijuana processor Flavor Galaxy shuttered operations after reaching a deal with regulators over its alleged use of illicitly grown marijuana in its products. But another year will go by before Flavor Galaxy’s owners exit the industry voluntarily …

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Massachusetts cannabis regulators lay groundwork for social consumption

The Massachusetts Cannabis Control Commission inched closer to allowing social consumption lounges in the state, as commissioners met Thursday hammered out key details from business relationships to public safety and enforcement concerns. The commission will continue its work on the regulations this coming Monday. After completing this review, the regulations …