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Michigan's $10 Billion Cannabis Boom: Insights On Building A Thriving Industry
Wednesday, December 4, 2024 - 4:11pm | 803Michigan is on the brink of achieving a milestone as one of the nation’s most dynamic cannabis markets: $10 billion in total sales within just five years of legalizing recreational marijuana. In a recent Politico interview by Paul Demko, Brian Hanna, executive director of Michigan's Cannabis...
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Michigan Distributes $290M In Cannabis Tax Revenue To Local Governments, Education & Transportation
Friday, March 1, 2024 - 1:38pm | 513The Michigan Department of Treasury announced Thursday the allocation of over $290 million in cannabis tax revenue, making a significant contribution to local governments, education and transportation infrastructure. Over $87 million of these funds are being distributed to 269 municipalities and...
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Marijuana Processing Business Shut Down By Michigan Regulators For Untagged Products
Monday, February 6, 2023 - 12:51pm | 399A Michigan-based marijuana processing facility was recently shut down by the state regulator, reported MLive. The Cannabis Regulatory Agency (CRA) accused the Shiawassee County-based business of operating under the name Layercake Farms 2 and possessing untagged cannabis products. Candid Labs...
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Decline In Michigan Marijuana Sales Affecting Small Growers, Here's What They Say
Thursday, September 15, 2022 - 4:35pm | 758Michigan Cannabis Sales Declines 1% Sequentially in August A new report from the Michigan Marijuana Regulatory Agency showed that the state's cannabis sales "slipped 1% compared to July and increased 26% year-over-year to $207.9 million in August." The agency, which broke down sales...