Sep 21, 2022 | Feature, Great Lakes Region, Michigan
In August, a record of $189.4 million in adult-use sales statewide, but customer wallets benefitted from an all-time low price of $116.84 per ounce on average for dried flower, according to data released Sept. 14 from the state’s Cannabis Regulatory Agency. Through...
Sep 21, 2022 | Feature, Great Lakes Region, Michigan
Hero Technologies announced Sept. 20 it has entered into negotiations to acquire property in north-central Michigan to grow, process, and sell cannabis through both wholesale and retail channels. The company’s subsidiary in Michigan, BlackBox Systems and...
Sep 21, 2022 | Feature, FOUR20 Post, Great Lakes Region, Michigan
On Four20 Post Live Sept. 21 we celebrated the last day of summer by exploring whether cannabis cultivator licenses, now unlimited, should be capped. Joining us on the show was Jim Conner, CEO of MJVerdant, a cannabis cultivation company. In the second half hour the...
Sep 20, 2022 | Great Lakes Region, Michigan
Pure Options, a locally based marijuana company, has closed one of its Lansing stores and laid off six employees who worked there as part of a “growth plan initiative” that will include opening two new stores in the city this fall, company Human Resource...
Sep 20, 2022 | International
BDSA predicts annual global cannabis sales to grow from $30 billion in 2021 to $57 billion in 2026, a compound annual growth rate of almost 13 percent. In the United States, cannabis sales will grow from $25 billion in 2021 to $42 billion in 2026, which will make up...
