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Michigan Cannabis Market

Ohio Moves Toward Vertical Cannabis Expansion — Small Operators Could Finally Break Into Full Market

COLUMBUS, Ohio — A new proposal moving through the Ohio legislature could fundamentally reshape the state’s fast-growing cannabis industry, giving smaller operators a long-awaited chance to compete—and potentially signaling a shift toward a more open market like neighboring Michigan. Under House Bill 611, lawmakers are considering allowing certain standalone cannabis processors to obtain cultivation and

By |2026-03-28T13:19:34-04:00March 28th, 2026|Marijuana Business, News|
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Michigan Cannabis Licenses Decline as Industry Shakeout Forces Growers and Dispensaries to Exit

LANSING - Michigan’s once booming cannabis industry is beginning to contract as the number of active marijuana business licenses declines and hundreds of previously issued licenses disappear from the market. Data from the Michigan Cannabis Regulatory Agency (CRA) shows that Michigan had about 2,171 active cannabis licenses by the end of 2025, covering growers, processors,

By |2026-03-15T18:35:32-04:00March 15th, 2026|Marijuana Business, News|
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Ohio Cannabis Tops $1B as Regulation Tightens and Michigan’s New 24% Wholesale Tax Reshapes Midwest Competition

COLUMBUS - Ohio’s legal cannabis market reached a major benchmark in 2025, surpassing $1 billion in combined adult-use and medical marijuana sales during its first full year of recreational commerce. Adult-use marijuana sales launched in August 2024 following voter approval in November 2023. By the end of 2025, Ohio dispensaries had recorded: More than $836

By |2026-01-17T11:16:02-05:00January 17th, 2026|Marijuana Business, News|
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Ohio Legislature Proposed Changes To Voter-Approved Recreational Cannabis Could Drive More Consumers To Michigan

COLUMBUS - A host of changes proposed by the Ohio legislature to heavily modify the voter-approved recreational cannabis laws, plus a doubling of the cannabis tax, could seriously impact the Ohio cannabis market and drive more consumers to Michigan, experts contend. On Feb. 26, the Ohio Senate approved a bill that proposes major revisions to

By |2025-06-15T10:49:42-04:00June 11th, 2025|Marijuana Business, News|
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Michigan Matters On CBS Detroit: Michigan Cannabis Sales Top $10 Billion

Photo Caption: From Left, Brian Hanna, Mike Brennan, Gus Rosania, and Carol Cain.  SOUTHFIELD - Michigan's five-year-old adult-legal cannabis market, which cracked $10 billion in cumulative sales in December 2024, is the focus of Michigan Matters Sunday Feb. 23 with host Carol Cain. On the show is Cannabis Regulatory Agency Director Brian Hanna, University of

By |2025-02-21T10:26:39-05:00February 20th, 2025|Featured, Marijuana Business, News|
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Rehmann CFO Report Confirms Tough Times In The Michigan Cannabis Market

TROY – Rehmann  has published its 2022 Michigan Cannabis CFO Outlook Report that confirms what anyone in the industry already knows - oversupply has all but evaporated profit margins for growers, processors and dispensaries. “The cannabis industry is constantly evolving and facing new challenges, so the need for information will be helpful as the industry

By |2022-11-02T08:26:50-04:00November 2nd, 2022|Marijuana Business, News|
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Optimism Surrounds The Michigan Cannabis Market

LANSING- Although Michigan’s sales of recreational cannabis have lagged behind Illinois’ cash register totals, a leading expert on investments predicts Michigan’s market to be stronger in the long term. Similarly, a recent census reveals a dramatic loss of jobs in the cannabis industry as MMFLA rules were enacted- but a well-known industry figure says that

By |2020-02-11T16:22:51-05:00February 11th, 2020|Guest Columns, Marijuana Business, News|
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