Michigan Marijuana

Michigan Cannabis Sales Increase In August Even With Ohio Marijuana Now Legal

DETROIT - As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border? It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border

By |2024-09-17T16:08:01-04:00September 17th, 2024|Marijuana Business, News|

Michigan August Cannabis Sales Record $295.5 Million

LANSING - In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Recreational Sales Chart Below: Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down 6.9 percent from July,

By |2024-09-11T18:54:54-04:00September 11th, 2024|Featured, Marijuana Business, News|

July Michigan Cannabis Sales Remain Flat For 5th Month In A Row

LANSING - Michigan cannabis sales continue to remain flat in July with sales for all products topping $287.7 million, up 3.2 percent from June’s $275.2 million. This follows similar sales figures in May of $278 million, April $279.6 million and March a record $289 million. Recreational sales in July recreational marijuana sales totaled $264.4 million,

By |2024-08-15T15:41:40-04:00August 15th, 2024|Featured, Marijuana Business, News|

Michigan Marijuana Businesses Wait To See What Happens When Federal Rules Change

SOUTHFIELD - Molly MacDonald doesn’t know much about the intricate federal regulations for marijuana. But she appreciates the donation of more than $50,000 from a local cannabis business to her breast-cancer charity. “We take financial donations from almost everyone,” said MacDonald, CEO of Southfield-based The Pink Fund, which provides financial assistance for patients’ nonmedical bills.

By |2024-06-23T15:05:30-04:00June 19th, 2024|Marijuana Business, News|

Cannabis Jobs In Michigan Grew By 72 Percent in 2021, Third Behind California And Colorado

SEATTLE -  Cannabis sales in Michigan shot up 81 percent in 2021, reaching $1.79 billion and supporting 31,152 jobs. That 72 percent annual growth in jobs puts Michigan behind only California and Colorado in terms of total state cannabis employment. Michigan maintains robust medical and adult-use markets, with 402 dual (adult-use and medical) retailers, 47

By |2022-02-27T10:50:35-05:00February 27th, 2022|Marijuana Business, News|

Circuit Court Judge: Cannabis Businesses Can’t File For Bankruptcy When They Fail

LANSING - Marijuana is still illegal under federal law so when a marijuana business goes broke, it isn't eligible to file for bankruptcy in the federal courts, Kent County Circuit Court Judge Christopher Yates told the Michigan House Judiciary Committee Tuesday. "Whether we like it or not, we in the state of Michigan, in our

By |2020-03-01T11:19:12-05:00February 27th, 2020|Featured, Marijuana Business, News|