Mar 22, 2023 | Feature, Great Lakes Region, Michigan
City of Detroit officials are celebrating the opening of the first adult-use cannabis dispensary that is part of a social equity program designed to ensure that Black residents are represented in the legal marijuana industry. Nuggets Cannabis, a Black-owned family...
Mar 22, 2023 | Feature, Great Lakes Region, Michigan
The struggling Michigan market evaporated profits for Canada’s TerrAscend Corp., one of the world’s largest marijuana companies. The publicly-traded company recorded a $332.5 million loss in 2022, largely due to $311.1 million in impairment charges tied to its...
Mar 22, 2023 | Feature, Great Lakes Region, Michigan
According to a Pew Research Survey conducted in October last year, nearly nine in ten adults (88%) say cannabis should be legal. Six in ten (59%) supported both medical and adult-use, while an additional three in ten (30%) supported medical use only. Just...
Mar 22, 2023 | Feature, Great Lakes Region, Michigan
The news of Green Peak Industries, which operates under the brand name Skymint and went into receivership earlier this month is the most notable of Michigan companies in receivership – at least four other well-known companies are struggling. According to...
