Oct 10, 2024 | Great Lakes Region, Michigan
In one of the last metro Detroit communities to open its doors to retail marijuana businesses, the process of applying for a license is a war of attrition. Dozens of eager applicants have been lined up day and night for three weeks outside of the Redford...
Oct 9, 2024 | Feature, Great Lakes Region, Michigan
Michigan’s cannabis market is experiencing a major transformation, with retail sales surging while flower prices continue to drop. As MJBizDaily reported, since the start of adult-use sales in December 2019, the average retail price for an ounce...
Oct 9, 2024 | Feature, Great Lakes Region
According to the most recent figures from the Ohio Division of Cannabis Control, there have been just over $98 million in non-medical marijuana sales since they began in the state on August 6. Erick Rodriguez, vice president of retail for the Cannabist Company,...
Oct 9, 2024 | Feature, Great Lakes Region, Michigan
Gene R. Kohut of Trust Street Advisors, as court-appointed receiver of Green Peak Industries (aka Skymint), will conduct an auction for the sale of cannabis equipment and/or personal property assets owned by Skymint, one of the largest network of dispensaries in...
Oct 9, 2024 | Feature, Great Lakes Region, Michigan
The Michigan Appeals Court effectively plugged a loophole in Michigan’s marijuana laws in a Tuesday ruling, unrestricting prosecutors’ ability to pursue felony charges against individuals possessing and distributing large amounts of marijuana without a...
Oct 2, 2024 | Great Lakes Region, Michigan
TerrAscend Corp. TSNDF cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially...
