As lawmakers consider limits on new cannabis licenses, state data suggests oversupply—not weak demand—is driving Michigan's marijuana market turmoil. LANSING — Michigan consumers purchased nearly $258 million worth of recreational marijuana in May, putting the state's cannabis industry on pace for another year of more than $3 billion in sales. Yet despite record-level consumer demand,
ANN ARBOR - Michigan’s cannabis retailers are seeing a surge in traffic for the industry’s biggest holiday—but beneath the surface, the economics tell a more complicated story. In an interview with MedsCafe CEO Josh Covert, the message was clear: customers are showing up, but the business model is under pressure. That tension reflects broader statewide
ANN ARBOR - The Midwest cannabis market is entering a new competitive phase — and pricing may decide the winner. In Ohio, regulators recently announced cumulative marijuana sales have surpassed $3.5 billion since medical sales began, fueled by the continued rollout of adult-use retail and nearly 200 dual-use dispensaries. Meanwhile in neighboring Michigan, January cannabis
MONROE - With Ohio beginning recreational marijuana sales on Tuesday, the topic of product prices between Ohio and Michigan dispensaries has many asking questions. “The difference between 10 miles south into Ohio compared to 10 miles north into Michigan is leaps and bounds right now,” said Harrison Carter, the owner and operator of Nar Cannabis in Monroe,
