Displaying items tagged: 3Fifteen Cannabis

Michigan’s retail recreational cannabis market launched just four months before the COVID-19 pandemic swept the state and forced widespread shutdowns and limited in-person shopping.

Michigan’s cannabis industry is coming off a record-setting month with $128 billion in recreational sales in October, and industry leaders expect the state’s market to further mature in 2022.

This is the MiBiz growth report for September 26, 2021.

Michigan’s recreational cannabis market has experienced swift changes in the three years since 56 percent of voters statewide just said yes. 

ANN ARBOR — Michigan-based cannabis company Skymint Inc. has acquired 3Fifteen Cannabis in a deal that broadens the company’s position across the state.

Michigan cannabis businesses have overwhelmingly white ownership despite the state’s 2018 voter-approved marijuana law encouraging participation by people who have been “disproportionately impacted by marijuana prohibition and enforcement.”