Cannabis info and related links and post from around the web
Thanks to Lex Pelger for the spot in his wonderful newsletter Gary R. Potter, Hattie Wells Variably Legal Markets 1st Edition First Published 2026 Imprint Routledge ABSTRACT Cannabis is most popular psychoactive substance among those prohibited by the international drug control regime. Yet, at least partly driven by the increased recognition that prohibitionist approaches to cannabis […]
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Cannabis stocks took a hit following the announcement that federal regulators have scheduled a December hearing to review a proposal for reclassifying marijuana. This move pushes a final ruling on the matter past this fall’s general election. AdvisorShares Pure US Cannabis, an ETF tracking marijuana stocks, dropped 8.4% to $6.45 in early trading, while major […]
The post DEA’s Delay on Cannabis Reclassification Hits Stocks Hard appeared first on The Cannabis Business Directory.
“As Chair of the NORML Board, I am honored—again—to reflect on what Black History Month means to this organization and to the broader cannabis legalization movement.”
The post A Message From NORML’s Board Chair Honoring Black History Month appeared first on NORML.
David Paleschuck dives into one of the industry’s biggest debates with his latest book, “Cannabis vs Marijuana.”
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The post Friday Loaded: New WTF Cinco Infused, BOGOs & Free Tacos appeared first on AZ Marijuana.
“Other states as well should learn from Michigan’s experience, rather than repeat the same economic misstep the next time they face a budget shortfall.”
By Hirsh Jain, Verdant Strategies
In an effort to raise short-term revenue, Michigan recently adopted a cannabis tax structure that is already proving economically counterproductive and strategically shortsighted.
For years, Michigan was widely regarded as one of the most successful legal cannabis markets in the United States. The explanation was simple. Michigan, wisely, had adopted one of the lowest cannabis tax rates in the country.
The state imposed a 10 percent adult-use excise tax, shared between the state and local governments, plus the standard 6 percent sales tax, for a total effective rate of 16 percent. By comparison, California’s cannabis tax burden was more than twice as high, even approaching 40 percent in some cities.
The contrast was notable because both California and Michigan share deep medical cannabis histories. California became the first state in the nation to legalize medical cannabis in 1996. Michigan later developed one of the most robust caregiver-based medical cannabis markets in the country during the 2000s and 2010s. Both states built strong cultural and policy foundations around the idea that cannabis
The post Michigan’s Marijuana Tax Experiment Should Be An Urgent Warning To Other States (Op-Ed) appeared first on GrowCola.com.
