The Business of Cannabis

Gage Raises $55 million To Fuel Its Michigan Cannabis Growth

Dec 2, 2021 | Great Lakes Region, Michigan

Michigan-based Gage Growth in a press release said it raised $55 million of capital through a one-year secured loan to help finance retail acquisitions and growth in the state. The annual interest rate of the loan is set at the greater of 7 percent plus the prime...

Marijuana MSO Quarterly Results Indicate Slower Revenue Increases

Dec 2, 2021 | National

Most of the top publicly held marijuana multistate operators posted single-digit revenue gains in the quarter ended Sept. 30, slowing from the sizzling double-digit growth in the previous quarter. While third-quarter revenues didn’t maintain the pace of the previous...

Southeast Michigan Caregiver Robbed At Home, Says Other Growers And Caregivers Targeted

Dec 2, 2021 | Great Lakes Region, Michigan

A southeast Michigan man is sharing his experience after being robbed at gunpoint the day before Thanksgiving, saying he was targeted for his marijuana crop. Aaron Westbrook, a resident of Jasper, Michigan, said that early Wednesday morning, three men broke into his...

New Poll Reveals the Hottest Cannabis Consumer Trends this Holiday Season

Dec 1, 2021 | National

MSO Jushi Holding released the results of its inaugural “Cannabis Consumer Insights Holiday” poll, which surveyed 1,000 cannabis consumers from U.S. states with state-legalized cannabis sales. The national survey, conducted by Pollfish, commissioned by Jushi and...

Four20Post: MRA Cannabis Recall, Monroe Street Fair Wins Top Award

Dec 1, 2021 | Feature, FOUR20 Post, Great Lakes Region, Michigan

Four20 Post Dec. 1, we debated the Viridis Labs recall order issued by the MRA, the background, the reasoning and now the consequences. We also congratulate Charlie Strackbein for getting his Monroe Street Fair getting name the best cannabis event in Michigan. Also on...