This story was republished with permission from Crain’s Detroit. Jackson-based marijuana processor Choice Labs and its parent company, Au Gres-based cultivator Glorious Cannabis Co., entered into court-sponsored receivership last week as investigations and lawsuits pile up against one of their owners. The receivership is a legal move by… Please login …
Tag: Midwest
Beyond Germany: Other international markets for cannabis opportunities
This is the second in a two-part series on the opportunities in markets outside of North America. Read part one here. While Germany is often the first non-North American country that comes to mind when discussing global cannabis opportunities, it’s far from the only one. Take the European Union, for …
Trump taps anti-cannabis hardliner for top DEA job
President Donald Trump has nominated Terrance C. Cole to serve as the next administrator of the Drug Enforcement Administration, replacing acting director Derek Maltz. Cole, a longtime DEA veteran who currently serves as Virginia’s secretary of Public Safety and Homeland Security, has voiced strong opposition to marijuana legalization efforts, according …
Michigan governor’s road tax plan has cannabis industry on edge
This story was reprinted with permission from Crain’s Detroit. Gov. Gretchen Whitmer’s road funding plan would take a tire iron to Michigan’s legal cannabis industry. The plan outlines $2.2 billion in new taxes, including adding a wholesale tax to marijuana sales to generate $470 million. Whitmer called the new tax …