Jan 24, 2024 | Feature, Great Lakes Region, Michigan
The Michigan Chamber of Commerce said last week that a rash of recent break-ins at legal marijuana retailers in the state underscores the need for federal cannabis banking reform, which the group says would reduce the risks of theft and fraud that stem from the...
Jan 24, 2024 | Feature, Great Lakes Region, Michigan
The Michigan marijuana industry reached a new milestone in 2023: $3.08 billion in total sales. That’s $300 per man, woman and child. Despite 30% growth over the the $2.3 billion sold in 2022, insiders believe the market is increasingly saturated and headed for a...
Jan 24, 2024 | Great Lakes Region
According to information from the state, Illinois has issued 55 infuser licenses, with the first two granted in October 2022. However, as of January 4, only 10 infusers had received approval to operate. Social equity infusers are entering into and attempting to...
Jan 17, 2024 | Feature, Great Lakes Region, Michigan
Michigan December cannabis sales totaled $279.9 million, up 7.5 percent from November and 26.2 percent from December 2022, the Cannabis Regulatory Agency reported. For calendar year 2023, cannabis sales generated $3.08 billion. Considering the average cost of an ounce...
Jan 17, 2024 | Feature, Great Lakes Region, Michigan
A Michigan Court of Claims judge on Jan. 2 dismissed two lawsuits linked to Michigan’s enormous 64,000-pound, $229 million 2021 marijuana recall that impacted an estimated 60% of all cannabis products in the state. The dispute centers on the Michigan...
