Faced with steep competition and price drops of 75 percent, the state’s 600-plus recreational cannabis dispensaries and suppliers are seeking a sales edge beyond ubiquitous billboards. But who imagined early bird specials?
Michigan marijuana
Posted inBusiness Watch
Northern Michigan towns embrace marijuana, while many suburbs still opt out
Marijuana access in Michigan remains uneven, as several votes to allow the sale of recreational pot had mixed results in recent months.
Posted inMichigan Government
Biden pardons federal marijuana possession charges. What it means to Michigan
Michigan marijuana activists hope President Joe Biden’s pardons will lead to more drug reform in Michigan and other states. The drug is still listed as a Schedule 1 narcotic.
Posted inBusiness Watch
Michigan pot sales skyrocket to all time high as prices keep dropping
The cannabis industry has seen sales climb and prices drop almost every month since legalization. That’s good news for an ever-growing number of customers, but making the business “a grind.”
Posted inTalent & Education
Marijuana 101: How Michigan colleges work around federal ban to teach pot
Universities are rushing to create workers for Michigan’s booming cannabis industry. That can get tricky because federal law prevents students from actually touching marijuana.
Posted inBusiness Watch
Marijuana prices plummet in Michigan. Customers are happy, farmers worried
A proliferation of large farms means the retail price for marijuana is lower than it was even decades ago, when the drug was illegal.
Posted inBusiness Watch
Michigan’s largest marijuana farm coming to tiny village, ready or not
So many cities have opted out of pot that small towns are key to growth of the industry. That’s caused some heartburn in Lawrence in Van Buren County, but the revenue and jobs are tough to pass up.
Posted inGuest Commentary
Opinion | Michigan lawmakers need to leave medical marijuana caregivers alone
Caregivers provide a niche service by growing and producing difficult-to-source cannabis products and offering them to patients at affordable rates. Caregivers could be squeezed out of business under a new bill.
Posted inBusiness Watch
Michigan’s licensed cannabis industry wants bigger piece of $3.2B market
New study shows that the marijuana marketplace “has unlimited economic potential for Michigan,” according to the trade group representing the regulated providers. They’re trying to ‘rein in’ illicit sales.
Posted inUrban Affairs
Federal help may be on the way for Detroit’s budding weed industry
A proposed bill at the federal level would allow banking institutions to accept funds from cannabis-related businesses. So far, it has bipartisan support, and stakeholders say the legislation would create greater access to the industry for budding Detroit entrepreneurs.