Hemp News Today — August 13, 2026
Michigan lawmaker wants ‘deceitful’ new cannabis tax that’s closing stores repealed and more — today's hemp signal.
The cannabis industry is facing challenges on multiple fronts, from taxation to regulatory compliance. In Michigan, a lawmaker is pushing for the repeal of a new cannabis tax that has been deemed "deceitful" and is reportedly causing store closures. The tax has had a significant impact on the state's cannabis industry, and the lawmaker's efforts aim to alleviate some of the financial burdens faced by businesses.
Meanwhile, Canadian cannabis company Organigram Global has reported record revenue following a European acquisition, highlighting the potential for growth and expansion in the industry. However, the complexities of regulatory compliance continue to play a significant role, as changes to federal marijuana scheduling are rewriting the rules for cannabis business leases. As the industry continues to evolve, businesses and lawmakers alike are working to navigate these changes and find solutions that support growth and sustainability.
Today's signal:
• Michigan lawmaker wants ‘deceitful’ new cannabis tax that’s closing stores repealed (mjbizdaily.com)
• Michigan lawmaker pushing repeal of ‘deceitful’ new cannabis tax that’s closing stores (mjbizdaily.com)
• European acquisition leads to record revenue for Canadian cannabis LP Organigram Global (mjbizdaily.com)
• How federal marijuana rescheduling rewrites the rules for cannabis business leases (mjbizdaily.com)