Michigan Medical Cannabis News
Michigan is the latest state where marijuana retailers are charging manufacturers and brands for premium shelf or display space – a practice expected to gain prominence nationwide as new recreational markets open and others expand.
The regulatory agency that oversees Michigan’s medical and adult-use cannabis programs has an acting executive director.
BellRock Brands, a Denver-based operator of a multistate marijuana portfolio, agreed to acquire JRM127, a producer of medical and recreational cannabis products in Michigan.
The cannabis industry is not immune to the costly potential of a product recall, which is a necessary evil required for regulated markets to remain functional.
The United Food and Commercial Workers (UFCW) has helped union two more marijuana businesses.
While business around the world shuttered as COVID-19 spread, the marijuana industry was deemed “essential” in nearly 30 states and stood to gain from the pandemic.
But more than two years later, amid rising inflation and fears of a recession, North American cannabis companies are cutting hundreds of jobs, closing retail outlets and cultivation facilities or shuttering altogether.
After years of waiting, Detroit is now accepting applications for adult-use cannabis business licenses for retailers, microbusinesses, and consumption lounges.
The application window for adult-use business licenses opened Sept. 1 and closes Oct. 1.
