Michigan cannabis industry

Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million in Q2 2023, according to a report by Beacon Securities. June's total sales were $279 million, slightly down by less than 1%...

As the cannabis industry continues to evolve and face various challenges, the dynamics of sales and pricing remain crucial indicators of market trends and overall consumer demand. Here are some highlights of what's happening in various places across the U.S. Medical Marijuana Sales in...

Michigan-based cannabis company, Skymint has been going through a rough patch lately, to say the least. Now, the cannabis operator prepares to be auctioned off following its collapse and court-appointed receivership earlier this year. The auction, scheduled by receiver Gene Kohut of Trust Street...

Indeed, Michigan's cannabis market is consistently growing. However, Detroit is dealing with some issues. Cannabis regulators are reportedly not releasing the 90 applications they received in October for marijuana retail and lounge licenses, according to Axios. See Also: How To Verify If A NY...

Michigan-based cannabis operator Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF) confirmed Monday that it has closed on a senior secured term loan for aggregate gross proceeds of $55 million. The company highlighted its plans to use the proceeds to  (i) finance its retail acquisition...