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This week, a judge ruled Michigan’s new 24% wholesale marijuana excise tax can go into effect on Jan. 1. (Dec. 10, 2025) Michigan marijuana businesses brace for 24% tax on Jan. 1 | 2:21 WOOD TV8 | 261K subscribers | 1,181 views | December 10, 2025

Executives from Jack Daniel’s parent company, Brown-Forman Corp., warned that the business is seeing pressure from cannabis, weight-loss drugs and lackluster demand from Generation Z. Brown-Forman CEO Lawson Whiting told analysts on an earnings call that the “same big three” is the reason that there has been lower demand for liquor. “We’ve been saying that for 1.5 years now. And I know on the sell-side that the world seems to be a little bit split on the extent of the pressure that it’s putting on our category. We’d be naive if we didn’t say that there isn’t some pressure coming...

For more than half a century, there was just one place on the UC Berkeley campus where you’d run into 20-year-old Aaron Rodgers rocking a bowl cut, see a stand-up set from comedy legend Robin Williams or hear Grateful Dead icon Jerry Garcia perform live. The Bear’s Lair — Berkeley’s only on-campus pub — was both the only bar with beer dripping from the ceiling after a Jason Kidd-led Cal team shocked Duke in the NCAA Tournament and the only location that made any sense to drop off the torn-down goal post following the 2002 Big Game (I remember, because...

Cannabis shops that were broken into during the last weekend of May in the wave of civil unrest following the brutal killing of George Floyd are reeling from the financial toll. Though several have said they supported the protests, the burglaries and looting perpetrated by a number of individuals has left some business owners worried about whether their operations can survive. Dispensaries were hit hard; Leafly reports that 43 businesses in California and Oregon were ransacked. Boston’s Pure Oasis — the first minority-owned adult-use dispensary on the East Coast — reportedly lost $100,000. Chicago’s Mission Dispensary South Shore was “mostly...