Oct 14, 2024 | Feature, Great Lakes Region, Michigan
The Cannabis Regulatory Agency’s (CRA) social equity team is thrilled to announce that the Social Equity Grant Program (SEGP) will be returning for Fiscal Year 2025! One million dollars will be divided equally between entities that meet the following criteria and...
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, 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...
