Latest In: Michigan

cannabis licensing cultivation Oklahoma
A map and charts showing where new marijuana cultivation licenses were added in 2020.

Oklahoma leads nation in marijuana cultivation licenses issued in 2020

While California is widely touted as the largest legal cannabis market in the world, analysis of cultivation license…

News December 22
detroit cannabis licensing Michigan marijuana
Detroit marijuana

Detroit expected to issue recreational marijuana permits by summer 2021

Regulators in Detroit will finally start accepting applications for recreational marijuana business licenses in January, and the permits…

News December 9
Michigan adult-use marijuana
Image of a cash register drawer

Michigan adult-use cannabis sales exceed $400 million in first year

Adult-use cannabis sales in Michigan totaled nearly $440 million in the first full year of the program and…

News December 1
C3 Industries cannabis expansion Michigan marijuana
Image of a pile of money in bills

Michigan cannabis firm to expand footprint to four states after $45M raise

C3 Industries, a vertically integrated multistate cannabis company based in Ann Arbor, Michigan, closed a funding round that…

News November 16
marijuana legalization state regulators

Marijuana regulators across US to share best practices, offer advice

Marijuana regulators from 19 states have established a nonpartisan organization to share best practices and industry knowledge.

News November 12
tribal cannabis oklahoma tribal marijuana michigan

Two tribes take action to further marijuana markets

Recent action on the tribal front regarding cannabis saw the first tribal-owned marijuana business open in Michigan, and,…

News November 11
4Front IIPR Sale-leaseback
Image of dollar signs

Marijuana MSO 4Front enters $30M sale-leaseback deal to pay down debt

Multistate operator 4Front Ventures is utilizing a $30 million sale-leaseback transaction to rid itself of debt to a…

News October 28
michigan medical marijuana michigan social equity cannabis regulations social equity cannabis
Detroit marijuana

Detroit sets plans for recreational cannabis sales

Officials in Detroit, Michigan’s largest city, finally announced the rules for allowing licensed adult-use marijuana sales with an…

News October 26
ACT Laboratories capital raise Elemental Brands Hound Labs Intrinsic Capital Partners Treez
Image of money

New $102 million equity fund targets ancillary cannabis businesses

Pennsylvania-based Intrinsic Capital Partners said it raised $102 million in a fund that will invest in science and…

News October 16
cannabis REIT innovative industrial properties real estate investment trusts SPAC special purpose acquisition companies Subversive Real Estate Acquisition
Image of a marijuana leaf over money

Group inks $182.8M of cannabis deals in bid to become publicly traded REIT

A New York-based limited partnership said it has entered binding agreements to acquire 15 marijuana-related properties in nine…

News October 9
MJBizCon Logo