Chart of The Week
Black ink is the new black
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American public cannabis companies are trending towards profitability.
Webinars
Grown In Webinar: Becoming enterprise-based means becoming forward-looking
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Cannabis companies looking to grow beyond one or two locations need to think carefully about how they do that, said three experts in last week’s Grown In webinar.
Illinois
Negotiating dispensary location rules barrier to new Illinois licenses, say legislators
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Legislators tell Grown In that there’s will and an interest in passing legislation soon, but…
Michigan
MRA proposes 16 big cannabis changes with taxes, entrepreneur funding, more
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Michigan’s Marjuana Regulatory Agency announced sixteen blockbuster proposed changes to the state’s cannabis laws and regulations, which have the potential to provide Michigan with the most progressive social equity program in the nation.
Chart of The Week
Missouri’s little numbers are big
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Perhaps the biggest story is that little sliver at the bottom right of the chart, where Missouri turned in a tiny 2.4% of Illinois’ raging sales month.
Illinois
Cannabis legislation moving in Illinois, not so much in Michigan and Missouri
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Illinois is moving a bill to create more cannabis licenses, while cannabis legislation in Michigan and Missouri seems stalled for now.
Michigan
In 6 months, over 120 new companies have opened dispensaries in Michigan
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120 new companies have entered the market, as 289 companies held cannabis licenses as of the end of December 2020.
Illinois
Majesta Minerals shareholders to vote on Verano merger
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Shareholders of Majesta Minerals Incorporated will convene January 27 to review financial information from Verano Holdings and Alternative Medical Enterprises.
Michigan
Michigan’s raucous cannabis market is perfect home for broker salesmen doing it the old fashioned way
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An intense and varied market has developed in Michigan, where some dispensaries attempt to compete on price where others strive to sell the best, highest quality product available.
Michigan
124 new companies became Michigan growers in the last six months
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As of the end of 2020, 205 companies had obtained cultivation licenses, whereas in July just 81 companies had cultivation licenses.