Tag: Investing
-
Recreational cannabis continues to fuel Ohio sales numbers
This story was republished with permission from Crain’s Cleveland Business. Ohio’s legal cannabis industry has generated $656.4 million in marijuana sales in the eight months since the state’s adult-use program launched in early August. That figure represents retail sales recorded by the Ohio Division of Cannabis Control from Aug. 6, …
-
Hemp beverages beat craft beers when it comes to tariffs
President Donald Trump’s on again, off again tariffs have rattled many industries, including the regulated cannabis industry that will be affected as vape hardware and packaging prices get hit with tariffs in shipments from Asia. But according to a new report from Whitney Economics, one segment could actually benefit: hemp …
-
Cannabis vape companies hit hard by tariffs – compounding headwinds in Michigan
This article is reprinted with permission from Crain’s Detroit Business. Shenzhen, China, is more than 7,800 miles from Michigan. But the location of the mainland city of 17.6 million people is about to be a big problem for that state’s legal cannabis market. Manufacturers in the city produce all of …