Tag: CBT > Michigan Dispensary News

Michigan

Michigan Cannabis Retailer Closes 5 Dispensaries, Citing New Tax Burden

Higher Love Cannabis Co. is consolidating its retail operations to four stores in the Upper Peninsula after the state implemented a new 24% tax earlier this year.

August 10, 2026

Michigan

Michigan 24% Cannabis Tax Will Take Effect After Judge Rejects Injunction

The Michigan Court of Claims denied a motion attempting to block the new wholesale tax from starting next month.

December 8, 2025

Dispensary

Ascend Wellness Reopens Dispensary in Detroit With ‘Deli-Style’ Experience

The company will host a grand reopening on Feb. 28 for its retail facility in Michigan—its 38th location in the nation.

February 26, 2025

Michigan

Michigan Eclipses $10 Billion in Adult-Use Cannabis Sales

The Great Lakes State finished 2024 with another record-breaking year, as the average retail price for flower dipped below $70 per ounce.

January 13, 2025

Top Stories

Michigan Dispensaries Break $3 Billion Annual Sales Record, 103K Pounds Monthly Flower Record

The records come as the state’s average retail price per ounce dropped to another all-time low in November.

December 17, 2024

California

Michigan Dispensaries Set Monthly Sales Record in August, Closing Gap on California

The Wolverine State’s licensed cannabis facilities broke a single month record for revenue and flower pounds sold.

September 11, 2024

Advocacy for Cannabis Legalization

Study: Cannabis Dispensaries Increase Home Values by 2 Percentage Points on Average

Despite unfounded claims arguing that cannabis retailers can depreciate surrounding home prices, data from multiple states, including Colorado, Illinois and Michigan, show positive impacts.

June 6, 2024

Michigan

Michigan’s Adult-Use Cannabis Sales Up 21% From Last Year

The nation’s second-largest market reported nearly $1.1 billion in sales through the first four months of 2024.

May 15, 2024

Michigan

Highway Horticulture’s Passion for Passionate People

Finding employees who take pride in their work, promoting from within, and communication drive the company’s top-ranking culture.

March 27, 2024

Michigan

Is the Cannabis Industry Focused on the Wrong Metrics For Success?

Lume Cannabis Co. CEO Dave Morrow, a former champion lacrosse player who founded Warrior Sports, says "creating innovative units at scale" is key to building a brand consumers love.

February 28, 2024

Michigan

Lume’s Rapid Rise

How Lume Cannabis Co. has flourished—growing from $2 million to nearly $200 million in revenue in four years—amid Michigan’s plunging retail prices and other challenges.

February 12, 2024

Michigan

Michigan Caps Off $3 Billion Year in Cannabis Sales With Record-Breaking December

The state’s licensed dispensaries sold nearly 1 million pounds of cannabis flower in 2023 at an average cost of $92 per ounce to consumers.

January 16, 2024