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Latest In: michigan

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Michigan cannabis processor surrenders permit; owners barred from industry

A Michigan cannabis processor agreed to surrender its permit and cease operations following accusations of “widespread regulatory violations”…

News March 31
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Michigan recreational marijuana prices plunge 30% from 2024

Recreational marijuana prices in Michigan dropped nearly 30% in February compared to a year ago, according to a…

News March 18
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Medical cannabis registries show steep decline after launch of adult-use sales

The expansion of adult-use cannabis sales means a concentration of certain well-performing products for retailers and less access…

News February 25
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Michigan governor floats extra 32% adult-use cannabis tax to fund roads

Michigan's governor is suggesting taxing adult-use cannabis an additional 32% to fund a $3 billion infrastructure plan.

News February 11
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PharmaCann defaulted on several leases, cannabis REIT alleges

Cannabis real estate manager Innovative Industrial Properties (IIP) is claiming that multistate operator PharmaCann has defaulted on several…

News December 23
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Image of a customer making the first adult-use marijuana at Curaleaf Newark in Ohio

Ohio adult-use program was only new cannabis market launch in 2024

2024 will go down as one of the quietest years for cannabis market launches.

News December 17
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Michigan sets record with $295.4 million in monthly marijuana sales

Michigan marijuana retailers in August sold $295,412,252 worth of medical and recreational cannabis, setting a new record for…

News September 13
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Cannabis operator TerrAscend secures $140 million loan

TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term…

News August 14
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Michigan outlines penalties for violators of marijuana business rules

Marijuana businesses in Michigan now will have a better idea of the penalties they might face for violating…

News August 8
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