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Michigan Cannabis Market Hits Record Sales Amid Low Weed Prices And Rise In Cultivation Licenses
Thursday, October 3, 2024 - 12:48pm | 720Michigan's cannabis market is experiencing a major transformation, with retail sales surging while flower prices continue to drop. As MJBizDaily reported, since the start of adult-use sales in December 2019, the average retail price for an ounce of marijuana flower has plummeted by more than 80%,...
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Approaching $100M: Cannabis Business Quality Roots' Revenue Soars With New Store Launches
Saturday, April 6, 2024 - 9:55am | 745In an industry where the ground is as fertile as it is competitive, Quality Roots has become a thriving company, much like the cannabis it retails. Spearheaded by CEO Aric Klar, the company’s journey from inception to becoming a shining light in cannabis retail is a story of organic growth,...
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From Titers To Toys To THC: Michigan Family Adapts Pharmacy, Toy Store Experience To Cannabis Business
Thursday, July 2, 2020 - 10:16am | 761When Aric Klar was 8 years old, his parents gave him a little space in their family-owned pharmacies to flex his entrepreneurial muscles and sell whatever he wanted. A four-foot section of Beanie Babies eventually evolved into a 3,000-square-foot toy store in West Bloomfield, and then another in...