Tag: Michigan marijuana

StaffMarch 13, 2024
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7min00
The Daily Hit is a recap of the top financial news stories for March 13, 2024. On the Site Ascend CEO shares details on 280E tax nullification strategy In the wake of Ascend’s annual earnings filing this week, CEO John Hartmann again sat down with Green Market Report to talk about the highlights, including the company’s new tax […]

StaffFebruary 15, 2024
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3min00
The Daily Hit is a recap of the top financial news stories for Feb. 15, 2024. On the Site SEC tells Michigan judge that cannabis crowdfunder can’t escape in bankruptcy Despite bankruptcy claims and the likelihood of never receiving any money for fines, the Securities and Exchange Commission (SEC) has asked a Michigan judge to […]

StaffFebruary 14, 2024
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5min00
The Daily Hit is a recap of the top financial news stories for Feb. 14, 2024. On the Site California attorney found social equity partners just weeks before suing New York A Southern California attorney who is asking a federal court to again freeze New York’s cannabis licensing admitted in a new court filing on Valentine’s […]

StaffFebruary 12, 2024
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4min00
The Daily Hit is a recap of the top financial news stories for Feb. 12, 2024. On the Site Lume Cannabis to take over Skymint grow operation Lume Cannabis Co. plans to take over the large cannabis grow facility near Lansing that’s being abandoned by competitor Skymint. Lume signed a letter of intent on Friday to […]

StaffFebruary 1, 2024
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5min00
The Daily Hit is a recap of the top financial news stories for Feb. 1, 2024. On the Site Cannabis rescheduling faces uphill battle, but DEA decision expected soon The U.S. Department of Health and Human Services’ proposal to reclassify cannabis from a Schedule I to a Schedule III substance under the Controlled Substances Act […]

StaffDecember 18, 2023
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4min00
The Daily Hit is a recap of the top financial news stories for Dec. 18, 2023. On The Site Former U.S. Attorneys Fighting Cannabis Rescheduling Citing the old classics reminiscent of Reefer Madness, nearly 30 former U.S. Attorneys sent a letter to Attorney General Merrick Garland asking that cannabis not be reclassified as a Schedule III drug. […]

John SchroyerDecember 18, 2023
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3min00
A trend has begun in the Michigan marijuana community of financially strapped dispensaries closing up shop quietly without paying off sizable debts, leaving vendors with little recourse but to try and sue. According to MLive.com, “cut-and-run” situations where dispensary owners simply disappear without paying for inventory or other debts have become increasingly common, with upwards […]

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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