Michigan: Page 3

Fast Take With Kevin Kuethe, Chief Cultivation Officer, Lume Cannabis Co.

"To be able to function and operate, you have to be on point at all times," Kuethe says of the requirements to be successful in the cannabis industry.

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.

‘Challenge Our Own Thinking’

In Cannabis Business Times first issue of 2024, you’ll find many examples of experts in the field questioning longstanding cultivation practices, fine-tuning their craft and generously sharing what they’ve learned with CBT.

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.

How Much Did an Ounce of Cannabis Flower Cost in 2023?

While average prices per ounce hit rock bottom in some states this past year, prices in other markets remain relatively high despite comparable maturities.

Wine-Inspired Quality

Michigan’s LightSky Farms blends traditional wine-making practices with modern LED horticulture technology to fuel its cannabis cultivation operation.

Curaleaf Exits Vermont Market in Sell-Off to Social Equity Operator

The multistate operator sold its two dispensaries and a greenhouse cultivation and manufacturing facility to Zenbarn Farms.

Consumer and Sales Trends in the Second Largest US Cannabis Market

On the four-year anniversary of adult-use sales in Michigan, consumer purchasing trends reveal insights about top brands, product categories, illicit market competition and more.

Michigan’s 4-Year Adult-Use Sales Anniversary: A Visual Recap

Detroit Officials Announce Round 2 Adult-Use Cannabis License Winners

The city’s Office of Marijuana Ventures and Entrepreneurship approved 37 applicants for licenses.

When and How 24 States Legalized Adult-Use Cannabis in the US: A Timeline With Current Tax Rates

Here’s the full breakdown of which states legalized through ballot measures versus legislative action and their taxation structures, including the most recent to join the list -- Ohio.

Michigan Governor Signs Legislation to Allow Cannabis Compacts Between State, Tribes

A two-bill package signed Oct. 19 will allow tribal cannabis businesses to participate in Michigan’s regulated cannabis market.

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