Tag: CBT > Michigan Dispensary News: Page 2

Cannabis Price Compression

Michigan's Plummeting Cannabis Prices: A Closer Look

Will Bowden, CEO of Grasshopper Farms, gives an inside look into Michigan's cannabis market and how the company is navigating price compression.

February 14, 2023

Michigan

Michigan Smashes Cannabis Sales Record at $2.3 Billion in 2022

Now the nation’s second largest cannabis market, Michigan’s demand continues to skyrocket as the average flower price sinks to $91 per ounce at retail.

January 19, 2023

Michigan

Detroit Announces the Winners of the City’s First 33 Adult-Use Cannabis Dispensary Licenses

The retail licenses were awarded Dec. 22 under Detroit’s revised adult-use cannabis ordinance.

December 23, 2022

Legislation and Regulation

Judge Denies Plaintiff’s Request to Halt Detroit’s Adult-Use Cannabis Licensing Process

U.S. District Judge Bernard Friedman denied the plaintiffs’ motion for a temporary restraining order and preliminary injunction in the latest lawsuit against the city’s adult-use cannabis ordinance.

December 22, 2022

Michigan

Michigan Cannabis Flower Dips Below $100 an Ounce For First Time

The race to the bottom continues in the state’s adult-use market, where flower demand remains on the rise as retail prices hit an all-time low.

December 14, 2022

Arizona

Viola Expands to Edibles

The Michigan-based operator is partnering with Puff Cannabis for the launch of its gummy edibles on Dec. 16.

December 8, 2022

Legislation and Regulation

Judge Upholds Michigan Cannabis Regulatory Agency’s Decision to Suspend Cannabis Retail License

Regulators suspended medical and adult-use licenses for GC Flint LLC, which does business as Green Culture, earlier this month, but a post-suspension hearing was required to determine whether the license suspensions should remain in effect.

December 5, 2022

Michigan

Brian Hanna Promoted as Michigan CRA Executive Director

Hanna previously served as acting executive director for the CRA and spent five years managing field operations, inspections and investigations.

December 2, 2022

Michigan

Michigan Regulators Warn of Increased Criminal Activity Against Cannabis Licensees

There have been 117 break-ins reported between April and November 2022, with the majority of incidents occurring at adult-use cannabis storefronts.

November 21, 2022

Compliance

Michigan Regulators Suspend Cannabis Licensee, Issue Product Alert

State officials took punitive action against Green Culture for allegedly selling unregulated products contaminated by paclobutrazol, nickel and aspergillus.

November 16, 2022

Legislation and Regulation

Michigan’s New Top Cannabis Regulator Takes Aim at Bad Actors

Brian Hanna, who was appointed the Cannabis Regulatory Agency’s acting executive director last month, met with media members this week.

October 26, 2022

Michigan

Verts Neighborhood Dispensary Expands to Missouri and Michigan

The company is opening four new locations in Missouri and has plans to expand to the west side and upper peninsula of Michigan.

October 25, 2022