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About / News / Cannabis

Marijuana businesses bring new life to old Monroe outlet site

Posted By: Detroit News on April 30, 2024.  For more information, please click here to read the source article. Take exit 11 off Interstate 75 onto Laplaisance Road to enter what some locals call “cannabis city” or “Marijuana Charter Township.” There, 18 marijuana businesses are open in and around a pair of once-bustling outlet malls that have come […]


Michigan’s cannabis industry has gone through some growing pains: What to expect in 2023

Posted By: Detroit Free Press on January 9, 2023.  For more information, please click here to read the source article. Michigan’s still-young legalized recreational cannabis industry went through some growing pains last year. Prices of marijuana products rapidly declined and, as a result, cannabis companies struggled to survive. At the same time, some of those companies continued to innovate, […]


‘Unprecedented’ $10M cannabis hospitality project planned in Muskegon

Posted By: MiBiz on November 7, 2022.  For more information, please click here to read the source article.   A group of Michigan and Chicago-based entrepreneurs are developing a one-stop cannabis destination in Muskegon that would include a growing and processing facility, dispensary, consumption lounge, outdoor venue, restaurant and bar. The $10 million Fields Cannary project would be […]


80,000 marijuana plants will fill West Michigan grow facility once complete

With phase one complete, the first marijuana plants are expected to start growing in a week at 305 Farms.  The 44,000-square-foot building in Lawrence’s industrial park will house 2,500 marijuana plants for 305 Farms. The facility held a grand opening Monday, March 15. A final inspection should happen in the next few days, and then plants are […]


Public cannabis companies making headway in maturing Michigan industry

As Michigan’s cannabis industry grows, it’s drawing in more giants of the business: publicly traded companies. Historically, many public companies and those with complex ownership structures were skipping Michigan or choosing to invest indirectly through licensing agreements, lending relationships or real estate. Getting a marijuana business license here meant turning in piles of paperwork for […]


Construction firm, cannabis company partner on new commercial development on GR’s west side

Construction Simplified plans to move and expand its offices in Grand Rapids in preparation of eventually growing its presence across the country. The construction firm is currently located at 895 W. Fulton St. on the city’s west side. It has a development agreement with John McLeod, co-founder and head of new markets for Cloud Cannabis Co., to […]


Lake Trust Credit Union, other financial institutions wade into Michigan cannabis banking market

As the cannabis industry continues to expand in Michigan, there are a limited number of options for the businesses to put their money while their business is still illegal at the federal level. But that is changing. Nearly $125 million worth of recreational cannabis was sold statewide in September, up from $60 million the same […]


Chris Webber to build up to $175 million cannabis compound in southwest Detroit

Chris Webber, an NBA Hall-of-Famer, former University of Michigan basketball star and Detroit native, broke ground Tuesday on the first phase of an estimated $175 million cannabis-focused development in southwest Detroit. Webber, a 48-year-old cannabis investor, plans to run industry job training through his partnership with West Coast lifestyle brand Cookies, as well as grow cannabis at […]


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