Michigan marijuana company buys 11 stores from in-state competitor
Stash Ventures, a vertically integrated marijuana company in Mount Pleasant, Michigan, acquired 11 stores from Cloud Cannabis Co. in Troy.
Michigan Medical Cannabis News
Stash Ventures, a vertically integrated marijuana company in Mount Pleasant, Michigan, acquired 11 stores from Cloud Cannabis Co. in Troy.
Cannabis tech company Agrify Corp. said it will keep its listing on the Nasdaq for now as it works to meet the exchange’s requirements surrounding minimum stockholders’ equity.
Marijuana retailers in Michigan sold a whopping $3.06 billion in adult-use and medical products in 2023, according to data from the state’s Cannabis Regulatory Agency.
Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining as much.
A group of Detroit marijuana operators are suing the city for revoking a business license years after it was granted and only after they’d invested $15 million in a cultivation operation.
The THC potency of marijuana flower sold in legal stores in four states is routinely and systematically inflated, sometimes by as much as 25% or more, according to an independent analysis of licensed cannabis testing-laboratory data obtained by MJBizDaily.
Detroit cannabis regulators on Tuesday issued 37 recreational cannabis business licenses to retailers, microbusinesses and the city’s first consumption venue operators.