Tag: CBT > State by State: Michigan: Page 5

Cannabis Wholesale Price

Michigan’s Medical Market Prognosis

The state’s Cannabis Regulatory Agency continued to report major monthly decreases in active patients and approved caregivers in 2022.

January 2, 2023

Arizona

Year-Over-Year Cannabis Sales Shrink for First Time in 5 States

California, Colorado, Nevada, Oregon and Washington faced unprecedented cannabis retail trends in 2022; Michigan is now the nation’s second largest market.

December 27, 2022

Michigan

‘Scratching the Surface’

Primitiv Co-Founders Calvin Johnson Jr. and Rob Sims discuss their professional journeys from football to flower and how they’re staking their claim in a competitive Michigan landscape.

December 23, 2022

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

Finance

TerrAscend Reduces Outstanding Debt by US$30 Million

The company elected to pay down $30 million of its maturing $55 million senior secured Michigan loan, refinancing the remaining $25 million.

December 1, 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

Michigan

From Football to Flower: How Primitiv’s Calvin Johnson Jr. and Rob Sims Transitioned to Cannabis

The former NFL teammates are emphasizing wellness and plant medicine while building a cannabis company from scratch in a rapidly maturing Michigan market.

November 21, 2022