Title: 2024 Dispensary Case Study; Adaptive Reuse: Transforming Forgotten Spaces into Profitable Cannabis Dispensaries February 27, 2024 Melinda Gwaltney Retail 0 Comments By Melinda Gwaltney Everyone loves a good building rehab, especially when it lends itself so well to a retail dispensary. One of my favorite clients has a knack for purchasing questionable buildings, making incredible improvements and reopening as a destination… Read More→
Former lawmaker who led Michigan marijuana board is sent to prison for bribery September 29, 2023 AggregatedNews Michigan, Uncategorized 0 Comments GRAND RAPIDS, Mich. (AP) — A man formerly known as a powerful Michigan lawmaker was sentenced Thursday to nearly five years in federal prison for accepting bribes as head of a marijuana licensing board. Rick Johnson admitted accepting at least $110,000 when… Read More→
TerrAscend Maintains Its Balance in an Uncertain Market June 12, 2023 Tom Hymes Company Stories, News & Insights, Spotlight 0 Comments TerrAscend (CSE: TER) (OTCQX: TRSSF) is a Canadian public company with operations in Canada and five U.S. states: California, New Jersey, Maryland, Pennsylvania, and Michigan, where it has its greatest concentration of retail outlets. A vertical integrated company in each… Read More→
The Tao of Grasshopper Farms May 9, 2023 Tom Hymes Company Stories, News & Insights, Spotlight 0 Comments A conversation with Grasshopper Farms founder and owner Will Bowden is not quite what one might expect to have with a former SWAT officer, but that is probably because most of us do not regularly converse with former SWAT officers… Read More→
Former Michigan House speaker charged with accepting bribes for cannabis licenses April 6, 2023 AggregatedNews Michigan 0 Comments All four defendants signed plea deals admitting guilt to the charges. Rick Johnson, a former Republican Michigan House speaker turned cannabis regulator, received more than $110,000 in bribes in exchange for supporting companies seeking medical marijuana licenses, alleges a federal charging… Read More→
A national weed glut is causing prices to plummet and imperiling businesses December 25, 2022 AggregatedNews News & Insights 0 Comments In Michigan, the number of cultivators has doubled while prices have dropped by 75 percent. Michigan has way too much weed. The number of cannabis grow operations serving the state’s recreational market has almost doubled in the past year. The… Read More→
‘Stay tuned.’ New Michigan marijuana director hints at plans to go after black market marijuana October 28, 2022 AggregatedNews Michigan, Policy & Legal 0 Comments One thing is clear: Michigan marijuana regulators intend to increase enforcement to eradicate black-market marijuana making its way to the licensed commercial market. Gov. Gretchen Whitmer’s placement of Brian Hanna, a former Cannabis Regulatory Agency (CRA) inspector and Michigan state… Read More→
Major Michigan marijuana retailer shutters four stores July 12, 2022 AggregatedNews News & Insights 0 Comments Michigan marijuana retail giant Lume Cannabis Co., which operates nearly 30 stores with 1,000 employees across the state, abruptly closed four retail locations Monday, July 11. Lume, in a statement released through its East Lansing-based public relations firm, Byrum &… Read More→
Lume Cannabis Co., the top marijuana producer in Michigan January 11, 2022 AggregatedNews Company Stories 0 Comments EVART, Mich. (WXYZ) — Adult-use marijuana has become a big business in the State of Michigan. And December proved to be a record month -- with sales topping $135 million. We have an exclusive look inside Lume cannabis, the fast-growing… Read More→
More marijuana licensing options, lower fees in the works September 1, 2021 AggregatedNews Michigan 0 Comments Michigan on Monday released a set of proposed marijuana industry rules that would add two new license types and reduce fees and costs for obtaining and renewing licenses. The 116 pages of rules are available for review and the state… Read More→
Innovative Industrial Properties Acquires Michigan Property and Expands Real Estate Partnership with Holistic Industries September 2, 2020 Press Release Banking, Finance & Real Estate, Press Releases 0 Comments PRESS RELEASE IIP Expands Property Portfolio to 62 Properties in 16 States Comprising Over 4.7 Million Square Feet AN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR)… Read More→
Michigan temporarily allowing curbside marijuana pickup amid coronavirus concerns March 17, 2020 AggregatedNews Michigan 0 Comments In order to limit exposure to the coronavirus, Michigan is temporarily allowing curbside pickup at marijuana stores across the state. Additionally, the state Marijuana Regulatory Agency in a statement issued Monday, March 16, encouraged medical marijuana patients and recreational marijuana… Read More→
Recreational marijuana sales will begin after 10 a.m. Sunday in Michigan November 28, 2019 AggregatedNews Michigan 0 Comments LANSING, MI -- The first commercial recreational marijuana sales in Michigan are expected to occur after 10 a.m. Sunday, Dec. 1. The Michigan Regulatory Agency on Wednesday, Nov. 27, announced it plans to officially transfer product currently licensed under the… Read More→
When Will Michigan Legalize Adult Use Marijuana? January 31, 2017 Bob Hendricks Michigan 1 Comment By Bob Hendricks In the past decade, Michigan has made real progress in beginning to roll back state law marijuana prohibition. In 2008, the voters approved the Michigan Medical Marihuana Act (MMMA), which created limited rights for patients and caregivers… Read More→
Michigan Dispensary Regulations and Edibles Bills to Reach Governor September 16, 2016 AggregatedNews Michigan 0 Comments A set of bills to legalize edible forms of medical marijuana and regulate the sale of medical marijuana through dispensaries are on their way to Gov. Rick Snyder after a final approval by the Michigan House of Representatives on Wednesday.… Read More→