TerrAscend's exit, cultivation facility closures and hundreds of lost jobs are raising questions about whether Michigan's cannabis market has become too competitive for many operators to survive. ANN ARBOR - When one of North America's largest cannabis companies decides it can no longer make money in Michigan, policymakers should pay attention. Last year, TerrAscend Corp.,
Lower Prices Continue To Draw Thousands Of Out-Of-State Consumers To Michigan Border Communities NEW BUFFALO, Mich. — Ohio legalized recreational marijuana nearly two years ago. Illinois has operated one of the nation's largest cannabis markets since 2020. Yet consumers from both states — along with neighboring Indiana, where recreational marijuana remains illegal — continue crossing
LANSING - Michigan’s cannabis industry delivered another paradox in April: total marijuana sales increased sharply thanks in part to the annual 4/20 holiday surge, yet many cannabis operators remain trapped in an increasingly brutal price war that continues squeezing profits across the state. According to data released by Michigan’s Cannabis Regulatory Agency and reported by
