Business December 9, 2025 / 11:17 AM EST / CBS Detroit Add CBS News on Google Representatives of Michigan's cannabis industry plan to appeal a Michigan Court of Claims decision to leave in place a pending 24% wholesale tax on cannabis.  "We don't believe the Court of Claims made the right call," said Rose Tantraphol,...

Few Americans are aware of the extent to which Chinese Transnational Criminal Organizations (TCOs) have infiltrated the cannabis (more colloquially known as marijuana or pot) market in the United States. By purchasing and leasing property in the U.S., Chinese TCOs have exploited the state-lawful, domestic U.S. cannabis industry in ways that legalization advocates never foresaw and have not yet admitted.  According to the Whitney Economics Organization, “of the...

The cannabis industry in New York State is maturing. The initial wave of pioneer optimism is now meeting the hard realities of a burgeoning market: increasing competition, regulatory costs and the inevitable compression of profit margins. For many operators, the instinct is to slash prices and appeal to the cost-conscious consumer — the much talked...