Moratoriums on new grow licenses and eliminating existing excess grower licenses in Michigan are popular options among operators and advocates based on public commentary before the state’s Cannabis Regulatory Agency (CRA), Wednesday morning.
For years, the prospect of selling adult use cannabis in Detroit has been just over the horizon, dangling out of grasp, tantalizing in its inobtainedness.
Most Midwest states and New England sales totals generally stayed flat during the summer months.
Andrew Brisbo, Michigan’s soon-to-be former chief cannabis regulator, is a stickler for detail, transparency, and for clear metrics for success. At the same time, he managed the explosive growth of his state’s cannabis industry.
Michigan’s Director of the Cannabis Regulatory Agency, Andrew Brisbo, will be stepping down September 17 to take another job as director of the state’s Bureau of Construction Codes.
We need to look at three numbers that have the rapt attention of investors and operators alike: the ratio of dispensaries in a state to population and price per pound.
The lawsuit coincides with two others filed in Detroit earlier this year, where medical operators are claiming the new ordinance would drive them out of business.
The cities with the most retail licenses – at 50 each – are Ann Arbor and Bay City, tied for first place.
Year-over-year medical sales in Michigan have fallen 48% from a year ago, while adult use sales increased by 56% during the same period.
While adult use cannabis sales have been legal in Michigan since 2018, cannabis convictions were not automatically expunged and must be manually applied for by the offender.
