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Michigan CRA

Michigan Built A $3 Billion Cannabis Market. Why Are Cannabis Companies Leaving The State?

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.,

By |2026-06-05T15:31:30-04:00June 5th, 2026|Hemp, Marijuana Business, News|
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Michigan’s Cannabis Market Sends Mixed Signals As April Sales Rise But Industry Pain Deepens

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

By |2026-05-15T09:09:31-04:00May 15th, 2026|Hemp, Marijuana Business, News|
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