In August 2023, the Department of Homeland Security issued a memo identifying more than 270 Chinese-backed illegal marijuana grow operations in Maine alone, producing an estimated $4.3 billion of ...

Michigan’s legal marijuana market continues to eat itself alive. The state’s regulated market operators reported $261.1 ...

The Toronto-based company will sell or divest four cultivation and processing facilities, 20 retail stores and real estate in ...

Michigan is an extremely difficult market and we have come to the realization that our resources can be better utilized in ...

Michigan's still-young legalized recreational cannabis industry went through some growing pains last year. Prices of marijuana products rapidly declined and, as a result, cannabis companies ...

Cannabis regulators in 29 states and Washington, D.C., issued nearly 2,500 violations in 2024, resulting in $10.8 million in fines.

Michigan is an extremely difficult market and we have come to the realization that our resources can be better utilized in ...

California has the largest cannabis market in the U.S., chalking up $5.3 billion in 2022 sales; however, Michigan has much higher sales, per capita. California sales equated $135 per resident in ...

The price of recreational cannabis in Michigan continues to decline and businesses, especially growers, are struggling as a result. The average retail price for an ounce of recreational marijuana ...

A proposed new cannabis tax would likely increase costs for consumers and further squeeze an “already struggling” industry, representatives said. Gov. Gretchen Whitmer has suggested a ...

Michigan's mighty marijuana market totaled $3.2 billion in sales in 2020, according to a new study by the Anderson Economic Group commissioned by the Michigan Cannabis Manufacturers Association ...

Despite numerous companies jumping into the cannabis space in the Great Lakes State, operators say Michigan’s early success in the legal adult-use market has them anticipating even more positive ...