Connect with us

Cannabis News

The Marijuana Industry Paradox – Higher Sales But Lower Profits, Michigan is the Latest State Caught in the Weed Enigma

Published

on


higher sales and lower revenue

Why Does Michigan’s Cannabis Market Have Increased Sales But Reduced Retail Profits?

Michigan’s marijuana industry has experienced a paradox in recent years: While marijuana sales have risen, retail profits has not kept pace with the increase. This result highlights several important factors affecting the cannabis market, including market saturation, cost-effectiveness, impact management, and consumer behavior. This comprehensive analysis will provide insight into underlying causes, business outcomes, and potential strategies for retailers to navigate this challenging environment

The Boom in Cannabis Sales

Since Michigan legalized recreational cannabis in December 2019, the market has seen a significant increase in the quantity of cannabis sold. This growth can be attributed to several factors:

  • Increased Consumer Acceptance: The normalization of cannabis use has led to more consumers, including those who previously obtained cannabis from the black market, turning to legal dispensaries.

  • Expanded Retail Presence: A surge in the number of licensed dispensaries across the state has made cannabis more accessible to a larger segment of the population.

  • Variety of Products: The availability of diverse cannabis products, including edibles, concentrates, and tropical, has attracted a broader consumer base.

 

Declining Retail Revenue

Despite the growing sales volume, retailers are experiencing a decline in profits. This situation is influenced by several interrelated factors:

  • Price Compression: Increasing competition between suppliers led to war, causing the prices of marijuana products to drop. 

  • Market Saturation: The rapid growth of products has saturated the market, making it difficult for sellers to maintain their income.

  • Regulatory Costs: Compliance with state regulations, including licensing fees, testing requirements, and security measures, has increased operational costs for retailers.

 Market Saturation and Competition

One of the most significant factors contributing to the decline in retail profit margins is market saturation. Michigan’s cannabis market has seen a rapid influx of new entrants, leading to an oversupply of cannabis products. Key aspects of this saturation include:

  • Increased Number of Dispensaries: The number of licensed dispensaries in Michigan has grown exponentially, creating a highly competitive market where retailers must lower prices to attract customers.

  • Overproduction: Many cannabis cultivators have ramped up production to meet anticipated demand, resulting in an oversupply that drives prices down.

 

Price Dynamics

 The dynamics of pricing in the cannabis market are complex and influenced by various factors:

  • Retail Prices: In response, retailers are forced to lower prices to attract customer value, further narrowing profit margins.

  • Discounting Strategies: Retailers often use discounts and promotions to drive sales, which, while effective in the short term, contribute to long-term price erosion.

Regulatory Impacts

Regulatory regulations affecting marijuana retailers’ operating costs and profits

  • License Fees: The cost of obtaining and renewing licenses can be substantial, especially for smaller businesses.

  • Compliance Costs: Complying with strict national regulations, including product testing, packaging and labeling will result in additional costs.

  • Taxes: Taxes on marijuana sales add another set of costs that must be paid by retailers or delivered to consumers. 

 Consumer Behavior

Changes in consumer behavior also play a crucial role in the current market dynamics:

  • Price Sensitivity: Consumers are becoming more price-sensitive, seeking out the best deals and often opting for lower-priced products.

  • Product Preferences: There is a growing demand for value-oriented products, such as high-potency concentrates and large-quantity flower, which often have lower profit margins for retailers.

  • Business Integrity:  Brand trust is  low in the cannabis industry; Consumers frequently switch between stores based on price and advertising

Strategies for Retailers

In this challenging environment, cannabis retailers must adopt strategic approaches to sustain their businesses. Some potential strategies include:

  • Differentiation: Retailers can differentiate themselves by offering unique products, excellent customer service, and establishing a  brand name.

  • Operational Efficiency: Improving  efficiency through optimization, waste reduction and  technology can help reduce costs and increase profits.

  • Customer Engagement: Engaging customers through loyalty programs, personalized marketing, and educational initiatives can enhance customer retention and drive rep

Differentiation Strategies

Retailers can stand out in a saturated market by offering unique products and experiences:

  • Exclusive Products: Partnering with cultivators to offer exclusive strains or products can attract customers seeking something unique.

  • Quality Assurance: Emphasizing high-quality, lab-tested products can build trust and loyalty among consumers concerned about safety and consistency.

  • Educational Initiatives: Offering educational events, workshops, and resources can position a retailer as a trusted authority in the cannabis space.

Enhancing Operational Efficiency

Improving operational efficiency can help retailers reduce costs and improve margins:

  • Technology Adoption: Implementing point-of-sale systems, inventory management software, and customer relationship management (CRM) tools can streamline operations and enhance customer service.

  • Supply Chain Optimization: Building strong relationships with reliable suppliers and optimizing inventory levels can reduce costs and prevent overstocking or stock outs.

  • Waste Reduction: Implementing sustainable practices and reducing waste can lower operational costs and appeal to environmentally conscious consumers.

Customer Engagement and Retention

Building strong relationships with customers is essential for long-term success:

  • Loyalty Programs: Implementing loyalty programs for cannabis sales that reward repeat customers can increase customer retention and lifetime value.

  • Personalized Marketing: Using data analytics to personalize marketing efforts based on customer preferences and behavior can improve engagement and conversion rates.

  • Community Involvement: Participating in community events and supporting local initiatives can strengthen a retailer’s reputation and foster customer loyalty.

 Potential Policy Changes and Advocacy

Engaging in advocacy for favorable policy changes can also benefit retailers:

  • Tax Relief: Advocating for reduced excise taxes or tax relief for small businesses can help improve profit margins.

  • Regulatory Reform: Pushing for regulatory reforms that streamline compliance requirements and reduce operational burdens can make it easier for retailers to thrive.

  • Support for Research: Supporting research into the benefits and risks of cannabis can help inform policy decisions and enhance public understanding.

Future Outlook

The future of Michigan’s cannabis market will likely be shaped by ongoing developments in regulation, consumer behavior, and industry innovation. Key trends to watch include:

  • Consolidation: The market may see consolidation as larger, well-capitalized companies acquire smaller operators, leading to fewer but stronger players.

  • Product Innovation: Continued innovation in product development, including new delivery methods and formulations, will keep the market dynamic and attract diverse consumer segments.

  • Evolving Regulations: As the regulatory landscape evolves, retailers must stay informed and adaptable to navigate changes effectively.

 Conclusion

Michigan’s cannabis market presents a complex landscape where increasing sales volumes do not necessarily translate into higher profits for retailers. The challenges of market saturation, price compression, regulatory burdens, and shifting consumer behavior require strategic responses from retailers. By focusing on differentiation, operational efficiency, customer engagement, and advocacy for policy changes, cannabis retailers can navigate this challenging environment and position themselves for long-term success. The future of the industry will depend on the ability of stakeholders to adapt to changing conditions and continue innovating to meet consumer demands while ensuring sustainability and profitability.

 

MICHICAN MARIJUANA STRUGGLES FOR PROFIT, READ ON…

MICHIGAN PRICE FOR AN OUNCEOF WEED $122

MICHIGAN CANNABIS FLOWER PRICES PLUMMET TO $122 AN OUNCE!



Source link

Continue Reading

Cannabis News

The Cannabis Rescheduling Ruse – White House Says No Action Planned on Cannabis Reform, Hate to Say I Told You So!

Published

on

By


cannabis scheduling ruse

The Rescheduling Ruse: Why I Told You So

In a move that surprised absolutely no one who’s been paying attention, the White House recently announced it has “no action planned” on marijuana reform. Yes, the same marijuana reform that President Trump enthusiastically backed on the campaign trail just weeks before Election Day.

The writing was on the wall all along, folks. I’ve been telling you for months that the much-hyped rescheduling of cannabis from Schedule I to Schedule III was nothing more than political theater – a carefully choreographed dance designed to generate headlines without delivering substantive change. And here we are, with yet another administration putting cannabis reform on the back burner while millions of Americans continue to live under the shadow of failed prohibition policies.

Don’t get me wrong – I’m not here to play political favorites. This isn’t a red versus blue issue. The Biden administration dangled the same carrot, initiating a rescheduling process that conveniently stalled due to “complications” with DEA hearings. Different players, same game.

Let’s take a step back and examine what’s really happening here, because the truth about cannabis reform in America is both simpler and more complex than most people realize.

Trump’s pre-election cannabis conversion was quite the spectacle, wasn’t it? Suddenly, the man who selected Jeff “Good People Don’t Smoke Marijuana” Sessions as his first Attorney General was voicing support for rescheduling, banking access, and even Florida’s legalization initiative.

But as CNN recently reported, “no action is being considered at this time.” The honeymoon didn’t even last through the first dance. The administration’s priorities lie elsewhere – immigration, government spending, foreign policy – while cannabis reform gets shelved alongside countless other campaign promises.

Interestingly, CNN did note that Trump and his transition team attempted to include cannabis banking protections in December’s government funding resolution. This behind-the-scenes effort suggests at least some genuine interest in the issue, but hardly qualifies as the bold reform millions of voters were led to expect.

This pattern should feel familiar. The Biden administration made similar overtures, with the president announcing pardons for federal marijuana possession offenses and directing an administrative review of cannabis scheduling. That process dragged on for over a year, with the DEA repeatedly delaying final action. Biden got the headlines; cannabis users got nothing.

The harsh reality? Cannabis reform makes for good campaign fodder, but terrible governance priorities. Once elected, the political calculus changes dramatically. The motivation to deliver evaporates when the votes are already counted and the special interests start calling in their favors.

At the heart of this perpetual delay lies the Drug Enforcement Administration – an agency whose very existence depends on the continuation of the drug war. Expecting the DEA to facilitate cannabis reform is like asking a turkey to vote for Thanksgiving.

The DEA has mastered the art of procedural obstruction. Under Biden, they scheduled hearings, requested extensions, and effectively ran out the clock. Under Trump, they appear poised to do absolutely nothing, perhaps not even bothering with the pretense of consideration.

The pattern becomes clearer when you look at Trump’s cabinet picks. His nominee to lead the DEA, Terrance Cole, has previously voiced serious concerns about marijuana dangers and linked its use to higher suicide risk among youth. His HHS general counsel nominee, Mike Stuart, is so staunchly anti-cannabis that prohibitionist groups openly celebrated his selection.

Even Robert F. Kennedy Jr., who previously supported legalization, has walked back his stance since being confirmed as HHS Secretary, stating he’s “worried about” high-potency marijuana and deferring to the DEA on rescheduling.

When you stack the regulatory deck with cannabis skeptics, you’ve telegraphed your true intentions no matter what you said on the campaign trail.

Here’s what I’ve been saying all along: meaningful cannabis reform was never going to come from the White House, regardless of who occupied it. The DEA will never willingly relinquish its power, and politicians will always prioritize easier wins over controversial reforms.

The only real path forward is through Congress completely removing cannabis from the Controlled Substances Act. Full stop. No rescheduling, no administrative reviews, no half-measures. Cannabis needs to be descheduled entirely, returning regulatory authority to the states where it belongs.

But while we push for that goal, the real revolution continues on two fronts.

First, state-by-state legalization marches forward. Despite federal inaction, 38 states have medical marijuana programs, and 24 states plus DC have legalized adult use. Each new state that joins the ranks weakens prohibition’s grip and demonstrates the failure of federal policy.

Second, and perhaps more powerful, is what I call “mass defiance of an unjust law.” Every day, millions of Americans peacefully consume cannabis in direct violation of federal law. They grow it in their homes, share it with friends, and build communities around it. This civil disobedience at scale is perhaps the most effective weapon against prohibition.

The federal government simply doesn’t have the resources to enforce cannabis prohibition against a population that increasingly rejects it. When enough people break an unjust law, the law itself becomes unenforceable.

I hate to say I told you so, but… I told you so. The rescheduling promise was never going to materialize, regardless of who won the White House. It was a political mirage, designed to attract voters while requiring minimal commitment.

But don’t mistake my cynicism about federal action for pessimism about our cause. Cannabis reform is happening – it’s just happening from the ground up rather than the top down. Every state that legalizes, every municipality that decriminalizes, every voter who demands change, and yes, every person who peacefully consumes despite prohibition is part of this unstoppable movement.

The lesson here is simple: Don’t put your faith in presidential promises or administrative processes. Put it in your local ballot initiatives, your state legislators, and your own power to reject unjust laws through peaceful non-compliance.

Cannabis prohibition is dying, not because presidents commanded it, but because we the people have decided it must end. That’s the real power in our democracy – not the fleeting promises of politicians, but the sustained will of the citizens.

So next time a candidate promises to fix cannabis laws, remember this moment. Then go out and fix them yourself, one vote, one state, and one act of principled defiance at a time. That’s how real change happens in America, and that’s how we’ll finally end cannabis prohibition once and for all.

 

CANNABIS UNDER TRUMP 2.0, READ ON…

TRUMP MARIJUANA LEGALIZATION

WHAT WILL HAPPEN TO CANNABIS UNDER TRUMP 2.0?



Source link

Continue Reading

Cannabis News

Why Quitting Alcohol or Weed Won’t Heal the Pain That Caused You to Start Using Them in the First Place

Published

on

By


should you quit weed

Quitting Won’t Fill the Hole

There’s a pervasive notion that floats around recovery circles—this idea that once you kick your habit, everything will magically fall into place. The clouds will part, the birds will sing, and suddenly life will be worth living again. While it’s true that being addicted to a “thing,” whether substance or act, eventually tallies up consequences that weigh heavy on our souls, the math isn’t quite as simple as “remove addiction, add happiness.”

I’ve watched countless cannabis enthusiasts (and addicts of all stripes) fall into this trap. They sit in circles, eyes gleaming with hope as they declare, “If I could only quit, then everything would be better…” But they’re missing something crucial—their addiction isn’t the source of their discontent; it’s merely a symptom of something deeper.

Addiction, at its core, is a means of dealing with something we cannot name or are desperately trying to avoid. It’s the bandage we slap over a wound without cleaning it first. The cannabis, the alcohol, the gambling, the endless scrolling—these aren’t the disease itself but rather the body’s misguided attempt at self-medication.

Here’s the uncomfortable truth that most recovery programs don’t emphasize enough: if you don’t do the real healing, even if you manage to white-knuckle your way through quitting one addiction, you’ll inevitably find something else to cover that gaping wound. Maybe you’ll trade joints for junk food, or bongs for binge-watching. The face of the addiction changes, but the role it plays remains constant.

Let’s take a deeper dive into this cycle and why simply quitting isn’t enough to truly heal.

First, we must acknowledge that when it comes to pain and addiction, everyone’s journey is unique. What feels like an insurmountable mountain to you might be a speed bump to someone else, and vice versa. There’s no universal scale for suffering, which makes navigating these waters all the more complex.

However, across all these varied experiences, there’s a common trap I’ve seen ensnare countless individuals—what I call the “If/Then Fallacy.” It’s the belief that one singular thing is the root cause of all our discomfort. This is where addicts often say, “If I can only kick this addiction, then my whole life would be better.” While this may seem logical on paper, it’s a deeply flawed perspective.

The real issue rarely lies with the substance or behavior itself but with something deeper—something the addiction is helping us avoid or cope with. Whether it’s trauma, depression, anxiety, or simply the existential weight of being human in an increasingly disconnected world, there’s usually a wound beneath the bandage.

Furthermore, the “If/Then” scenario places your healing, joy, and accomplishments in a fictional future state. “If I stop smoking weed, then I’ll finally have the motivation to start that business.” “If I quit drinking, then my relationship will improve.” These statements create a dangerous binary—because when the “if” is satisfied but the “then” doesn’t materialize, where does that leave you? Often, it leads to “If that didn’t work, then what’s the point of trying anything?”

This thinking creates a perfect setup for relapse or substituting one addiction for another. After all, if quitting didn’t magically transform your life as promised, why continue to deny yourself that temporary relief?

If you’ve been considering quitting cannabis or any other addiction, and you believe it to be the sole source of your unhappiness, I strongly urge you to reconsider your framework. The cannabis, or your relationship with it, is likely just a mask for your real pain. If you want to truly liberate yourself from the burden of addiction, you need to develop the capacity to sit with your pain, examine it, and cultivate joy despite it—not because it disappeared.

This article was inspired by a post I came across while scrolling through Reddit the other day—one of those moments where someone’s raw honesty stops you mid-scroll. A 32-year-old man shared that after smoking cannabis and drinking 4-6 beers daily for nearly his entire 20s, he had finally managed to quit both. No cannabis for almost six months, no alcohol for three. A significant achievement by any measure.

Yet instead of the transformation he expected, he felt “MISERABLE.” Despite taking medication for ADHD and anxiety, and despite removing substances that conventional wisdom says should improve his mental health, he felt no positive change. In fact, he felt worse, as if he’d “stopped doing things that were fun for me, or at least making life bearable.”

His post ended with a plea that broke my heart: “Is this just how I’m going to feel now? Does this go away eventually?”

This redditor’s experience perfectly illustrates the point—even when you manage to power through the physical and psychological challenges of quitting an addiction, your mental and spiritual state doesn’t necessarily transform as a result. His baseline remained exactly the same, perhaps even dipping lower without the chemical crutches he’d relied on for so long.

When you’re changing habits but not experiencing the promised benefits, it’s a clear sign that your discomfort or pain isn’t primarily coming from the substance. The cannabis or alcohol wasn’t creating your misery—it was masking it, providing temporary relief from a deeper issue that remains unaddressed.

This is something we all must consider when facing our compulsions. If you find yourself in a situation where you want to stop a behavior but simply can’t, it might be time to look deeper. Ask yourself, “Why do I do this activity?” And then ask “why” five more times, each answer digging a layer deeper toward the root cause.

Why do I smoke cannabis every night? Because it helps me relax. Why do I need help relaxing? Because my mind races with anxiety. Why does my mind race with anxiety? Because I’m worried about my future. Why am I worried about my future? Because I don’t feel secure in my career path. Why don’t I feel secure in my career path? Because I never really chose it—I fell into it. Why does that bother me? Because I feel like I’m not living authentically or pursuing my true passions.

Once you’ve excavated to this deeper level, you can begin to address the root causes directly. Perhaps the issue isn’t the cannabis at all, but rather that you need to reassess your career path or find meaning outside of work. Without this deeper work, quitting the substance becomes an exercise in willpower rather than healing.

Your addiction isn’t necessarily the root cause of your issues—it’s often just the most visible symptom. If you’re depressed, anxious, or feeling lost, it’s not primarily because of the substance; it’s because of something deeper that the substance helps you manage or forget temporarily.

Unless you actually do the internal work on these matters—examining your pain, seeking appropriate mental health support, rebuilding healthy relationships, finding meaning and purpose—no matter what you quit or how long you stay “clean,” you’ll likely find yourself seeking new ways to shield yourself from the pain. The prison isn’t cannabis or alcohol; it’s the unhealed wound those substances help you endure.

If you’re struggling right now, it’s absolutely important to seek help. That might mean therapy, support groups, or speaking with a healthcare provider about potential underlying mental health conditions that need treatment. But alongside that external support, commit to the honest and difficult work of looking inward. Ask yourself what you’re truly trying to avoid when you reach for that joint or that drink.

At the end of the day, we all have our struggles. If yours involves cannabis at this point in your life, there’s no judgment here. I’ve been there myself. But I’ve also learned that true healing rarely comes from simply removing something from your life—it comes from adding understanding, self-compassion, and addressing the real gaps in your heart and mind that the substance was never capable of filling in the first place.

The void can’t be filled by quitting. But quitting might just give you the clarity to finally see what the void truly needs.

 

QUITTING CANNABIS, READ ON…

HOW TO STOP USING CANNABIS

THE STONER’S GUIDE TO QUITTING WEED – WAIT, WHAT…WHY?

 



Source link

Continue Reading

Cannabis News

Scientists Now Think That One Compound in the Cannabis Plant Can Replace All Opiates

Published

on

By


replace opiates with cannabis

Which Cannabis Compound Do Scientists Think Can Replace Opiates?

…And Why This Is Important

Opiates are a type of pharmaceutical drug that’s been made from the opium poppy plant. While it’s somewhat a ‘natural’ substance that’s been extracted from the fibers and sap of the opium poppy plant, these are extremely dangerous sedatives that act on the central nervous system. However, there are completely synthetic opioids as well, which are manufactured entirely in laboratories.

Famous examples of well-known and widely-used opiates today include heroin, codeine, and morphine. They all work similarly, binding to the brain’s opioid receptors and users feel a drastic reduction in pain. It also causes users to feel euphoric, drowsy, or sleepy. Common side effects include constipation and nausea.

Because opiates are powerful for dulling one’s pain perceptions, they have become commonly prescribed by doctors and hospitals for pain relief. That said, opiates have become one of the world’s most addictive, dangerous, and fatal drugs – and you can get prescribed it right by your very own physician. Repeated use of opiates can easily lead to dependence and addiction, and eventually consuming high doses can drastically slow down breathing, and cause brain damage, or even death.

Since doctors still keep prescribing opioids, this has resulted in the deadly Opioid Epidemic, which has killed thousands of people. It’s a worrisome public health crisis, most especially because of fentanyl, an illegally manufactured opioid which is said to be 50 times more potent than heroin.

Could The Answer To The Opioid Epidemic Lie In Cannabis…Terpenes?

The past few years have shown that cannabis legalization is critical for surviving the opioid epidemic, and reducing overall opioid consumption.

The results of a recent research paper, which builds on past studies conducted by Dr. John Streicher, who is a member of the Comprehensive Center for Pain and Addiction, reveals fascinating findings. According to Streicher, cannabis terpenes were found to provide relief in inflammation models as well as on neuropathic pain caused by chemotherapy.

For the study, Streicher and his research team analyzed 4 kinds of terpenes that are found in mid to high levels in Cannabis sativa plants: linalool, geraniol, beta-caryophyllene, and alpha-humulene. They discovered that each terpene produced significant pain relief among mice subjects with fibromyalgia and post-operative pain, and among the terpenes, geraniol was found to be the most powerful.

“Our research is showing that terpenes are not a good option for reducing acute pain resulting from an injury, such as stubbing your toe or touching a hot stove; however, we are seeing significant reductions in pain when terpenes are used for chronic or pathological pain,” he said. “This study was the first to investigate the impact of terpenes in preclinical models of fibromyalgia and post-operative pain and expand the scope of potential pain-relieving treatments using terpenes,” Streicher said.

Cannabis terpenes are the compounds responsible for the aromatic profile of each strain; they are located in the plant trichomes. Not only do they contribute to each strain’s unique flavor and odor, but they also have valuable therapeutic and medicinal benefits. There are around 150 kinds of terpenes known today, though in the entire plant world, there are known to be some 20,000 terpenes.

Understanding the therapeutic benefits of terpenes is incredibly valuable also because they don’t contain THC (tetrahydrocannabinol), the compound in marijuana that gets you high.

“With fibromyalgia, there isn’t much of an understanding of what the pain state is, and there are not a lot of great options for treating it,” explains Streicher. “Our findings show that terpenes may be a viable treatment option for fibromyalgia pain, which could potentially have a large impact and make a difference for an under-treated population.”

Other Studies

This is not the first time that cannabis terpenes have been found to demonstrate excellent pain-relieving properties. It must be noted that just like what Streicher says, terpenes seem to do better with chronic pain management, instead of acute pain management.

Another study from 2024, which was published in The Journal of the Association for the Study of Pain, was conducted by researchers at the University of Arizona and the National Institutes of Health. The investigators analyzed the analgesic properties of different terpenes including geraniol, humulene, linalool, pinene, and caryophyllene among mice subjects with chemotherapy-induced peripheral neuropathy.

According to the researchers, all the terpenes delivered analgesic effects that were equivalent to around 10 mg/kg of morphine. It was also interesting to note that administering both morphine and terpenes together at low doses resulted in ‘enhanced’ pain-killing effects.

“Together these studies identify cannabis terpenes as potential therapeutics for chronic neuropathic pain,” said the investigators.

There have also been other studies that have found that combining cannabis with opioids can indeed provide long-lasting pain relief. It comes with the added benefit of reducing opioid doses needed for effective pain control. This phenomenon is called opioid-sparing. These types of protocols can be beneficial for patients who suffer from severe, chronic pain caused by cancer, arthritis, joint problems, fibromyalgia, diabetes, post-surgical pain, migraines, nerve damage, and so much more.

Conclusion

Learning more about the pain-killing properties of terpenes is extremely valuable for the medical community, patients, and even society as a whole. We can all do with less opioid addictions because it has torn families apart, and caused the deaths of thousands of people.

Terpenes, or cannabis in general, offer a natural and safe alternative that can be complementary to other pharmaceutical treatments designed to reduce pain.

 

SWAPPNG OPIOIDS FOR CANNABIS, READ ON…

OPIOIDS FOR POT

OPIOIDS FOR POT, WHAT WE KNOW FROM ILLINOIS AND ARIZONA?



Source link

Continue Reading
Advertisement

Trending

Copyright © 2021 The Art of MaryJane Media