Since the legalization of adult-use cannabis in the state, Michigan has quickly become a vibrant hub for the cannabis industry and the #2 cannabis-selling state across the country, only trailing California. Although one can argue that Michigan is outperforming the top leader, as their per capita sales are about 3x California’s. The state's cannabis retailers sold more than $3 billion in 2023 and have already surpassed $500 million in early 2024. Michigan's cannabis industry is thriving thanks to a favorable regulatory framework with open licensing, low entry barriers and modest taxes. Its strategic location bordering cannabis-prohibited states like Wisconsin and Indiana makes it a critical hub for addressing unmet demand in the region.

Detroit’s second round of cannabis licensing opens Tuesday August 1st. Available licenses include: 30 cannabis retailers, 10 micro-businesses, and 10 consumption lounges. The application window ends on Thursday August 31st.