michigan

Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) has secured some $12 million in financing through a sale of roughly 17.14 million of its units at 70 cents per unit. The Miami company expects to close the private placement over the next few days. The financing will boost its operations in Florida, which...

Michigan was expected to be one of the largest states for sports betting in the country after launching in 2021, and the figures from the first full month of online sports betting support the early predictions. Michigan Sports Betting, One Month In: The figures from the first full month of...

The construction business has boomed during the coronavirus pandemic.  That’s according to Seth Helfman, the president at City Contracting Services, one of the biggest contractors in Michigan. Over almost 20 years, Helfman has witnessed countless economic cycles and their impact on...

GrowGeneration Corp. (NASDAQ: GRWG) confirmed the acquisition of Big Green Tomato. The Denver-based hydroponics retail chain, which serves the cannabis companies in the U.S, obtained the two-store chain, which generates approximately $16 million in revenue yearly. Under the deal, GrowGen...

More than a dozen people were charged Thursday in connection with a plot to overthrow the Michigan government and kidnap Gov. Gretchen Whitmer. Arrests were made late Wednesday and early Thursday in a raid at a home in Hartland, Michigan. The raid was conducted by the FBI and Michigan...

Shares of GAN Limited (NASDAQ: GAN) are higher Monday after announcing a partnership in the state of Michigan. What Happened: Gan announced a 10-year partnership with Wynn Resorts (NASDAQ: WYNN) to be the enterprise software platform for its online sports betting and iGaming...

GKUA Ultra Premium announced Thursday its debut in Michigan. The cannabis brand, founded and owned by rapper and cannabis entrepreneur Lil Wayne, will be available in select dispensaries across The Wolverine State, the press release said. "GKUA is Weezy's Weed,...

Amazon.com, Inc (NASDAQ: AMZN) called the police on two Democratic Congresswomen visiting its warehouse in Romulus, Michigan last week — after extending them an invitation to visit such a facility, the lawmakers said. What Happened: Representatives Rashida Tlaib (D-MI) and Debbie Dingell...

Any electric vehicle maker that came after Tesla Inc (NASDAQ: TSLA), including Lucid Motors and Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian, won't be able to sell units directly to consumers in Michigan if the state's auto dealers have their way. What Happened:...

A police department in western Michigan is planning to use an electric sedan made by Tesla Inc (NASDAQ: TSLA) to tackle crime, the Detroit News reported Sunday. What Happened: Detectives working at the Department of Public Safety in Holland, Michigan picked a Model 3 over both the Nissan Motor Co...

According to nationwide data from Insurify Insights, the average percentage of drivers in America who’ve been cited for speeding stands at 12.67%, or 1 in 8 drivers, as of June 2020. Benzinga has analyzed data from among over 2 million registered drivers to determine the 10 states where...

A connected and autonomous vehicle motorway is being planned in Michigan to connect downtown Detroit and Ann Arbor alongside existing roads such as I-94.  Cavnue was selected to lead the project in partnership with the state of Michigan. What Happened: The project, announced Thursday...

Michigan-based cannabis company Exclusive Brands is launching a 30-acre Arlington cultivation site. The family-owned brand expects to grow 10,000 plants at the site during its first phase. Narmin Jarrous, Exclusive's executive vice president of business development, said the licensing and...