This story was republished with permission from Crain’s Detroit and written by Dustin Walsh. Michigan’s marijuana industry is among the most competitive industry in the state. With basement-low wholesale prices, the industry is becoming increasingly more vertically-integrated. The most profitable way to do business in weed is for growers to …
Tag: Investing
New York’s First Recreational Marijuana Shop Sold $12 Million in Six Months
Housing Works, the first legal adult-use marijuana shop to open for business in New York, announced Monday that it sold $12 million in cannabis in its first six months of operations. It opened its doors just two days before New Year’s Eve. Sasha Nutgent The nonprofit retailer – which devotes …
Illinois One of Most Expensive, Least Diverse Cannabis Markets in US
The Illinois marijuana market is one of the most expensive in the nation and among the smallest as far as the number of brands – but it also offers plenty of opportunity for entrepreneurs, according to a new report from Seattle-based Headset. Despite the size of the Illinois cannabis landscape …
The One Number That Matters for the Hottest Marijuana Stocks
It’s been a busy few months for Aurora Cannabis. Just how busy was made crystal clear when the Canadian marijuana grower reported its fiscal 2018 second-quarter results last week. While Aurora’s Q2 results were impressive, the […]