This story was republished with permission from Crain’s Detroit. A largescale marijuana cultivation site is shuttering, unable to survive Michigan’s record-low cannabis prices. Fluresh LLC will close down its $46 million 105,000-square-foot grow facility in Adrian and will be laying off 46 employees at the end of this month. The company, doing …
Construction underway on premium ‘Home Plate Club’ Comerica Park; see renderings
The Detroit Tigers say construction is in full swing at Comerica Park on the new premium “Home Plate Club,” which will sit behind home plate at the stadium. In June, the team unveiled the new […]
Number of the Week: 44.6%
44.6% – Percentage of pre-rolls sold that were purchased by millennials The popularity of cannabis pre-rolls has been growing, and that trajectory is primarily being driven by one demographic cohort: millennials. As of September, millennials were responsible for nearly half (44.6%) of all pre-roll purchases. Gen X was a distant …
Cannabis stocks shake out as Trump return looms
Donald Trump’s forthcoming return to the White House and his nomination of pro-legalization (but not pro-Florida legalization) Matt Gaetz for attorney general adds a new dimension to the cannabis sector’s outlook. But stock performance remains tightly linked to state markets, said Pablo Zuanic, managing director at Zuanic & Associates, in recent …