-
Michigan's Skymint Hits The Auction Block, First Major Cannabis Company To Go To Highest Bidder
Thursday, June 1, 2023 - 10:44am | 459Michigan’s once-promising cannabis cultivator, which has been under a court-appointed receiver for the past three months, is being auctioned off. The company’s assets, including leases on 23 dispensaries and two cultivation sites, will be sold to the highest bidder, reported Crain...
-
Michigan's Embattled Skymint Cannabis Company Catches A Break: Court Orders Return Of 3 Dispensaries
Monday, April 3, 2023 - 2:57pm | 406Michigan’s Skymint reopened three dispensary locations following a court ruling that settled a dispute between the company and an entity it acquired last year and after been forced into a court-appointed receivership and being sued by Canadian investment firm Tropics LP....
-
Is Recreational Weed Killing Medical Marijuana? Michigan MMJ Sales Drop A LOT As Rec Sales Boom
Friday, March 17, 2023 - 11:43am | 841Michigan's February medical marijuana sales dropped 61.5% year-over-year to $10.0 million, while adult-use sales improved 60.1% to $206.4 million. The data from the Michigan Marijuana Regulatory agency revealed that combined sales improved 4.4% sequentially, while on a per-day basis, they grew...
-
'Clerical Error' Nearly Shuts Down 85% Of Michigan's Cannabis Businesses
Monday, March 6, 2023 - 10:26am | 448Last week, the Michigan marijuana market nearly came to a total stop, due to, what’s been acknowledged as a “clerical error.” What happened: METRC (Marijuana Enforcement, Reporting, Tracking, and Compliance), which provides cannabis regulatory technology systems and has...
-
Michigan: Disappointing Social Equity Program, Cannabis Poisoning Among Children, Marijuana Sales Strong
Tuesday, December 13, 2022 - 10:25am | 697Despite efforts to inspire change and fariness in the community, it seems that Michigan's marijuana social equity program is failing to fulfill that purpose. Crain's Detroit's Dustin Walsh recently pointed out that in three years since recreational cannabis has been legal...
-
Cannabis Conspiracy? As Weed Prices Plummet In Michigan, Big Operators Push Legislators To Stymy New Competitors
Friday, September 30, 2022 - 2:18pm | 470Michigan's largest marijuana operators are plotting an offensive to keep competitors from getting into the market as weed prices plummet, reported Crain’s Detroit. At the request of a lobbyist for some of the state's largest growers, the Legislative Service Bureau has drawn up new...
-
Funko Big Boy NFTs Dropping Aug. 31: What Investors And Collectors Should Know
Friday, August 20, 2021 - 11:16am | 689An iconic restaurant chain gets the NFT treatment later this month thanks to a partnership with Funko Inc (NASDAQ: FNKO). What Happened: Funko announced that Big Boy will be the feature of its second non-fungible token launch. The 85-year-old restaurant’s famous Big Boy mascot was featured as...
-
Oregon-Based Cannabis Company Grown Rogue International Buys Real Estate In Detroit
Wednesday, March 20, 2019 - 8:15am | 413Grown Rogue International Inc (CNSX: GRIN) bought two properties in Detroit’s Milwaukee Junction neighborhood from the parent of Emagine Entertainment, according to Crain’s Detroit Business. Why It’s Important The purchase positions Grown Rogue to seize a large, freshly legalized...
-
Detroit Suspends Airbnb Enforcement Pending Review Of New Zoning Law
Friday, February 9, 2018 - 9:38am | 517Detroiters awoke Friday to reports the city had enacted a new zoning ordinance that bans the online hospitality marketplace Airbnb from operating in the districts where the majority of its hosts exist. Enforcement Suspended As City Conducts Legal Review The new zoning ordinance went through...
-
If You Were A Free Agent, What Would You Do In Detroit With $324 Million?
Thursday, March 12, 2015 - 2:22pm | 884It has not been a happy winter for Detroit sports fans. Cy Young winner Max Scherzer, a member of the Detroit Tigers from 2010-2014 and noted math/finance wiz, signed a $210-million deal with the Washington Nationals. Ndamukong Suh, a five-year veteran of the Detroit Lions and good friend of...