A cannabis dispensary in Michigan highlighting challenges in the industry.

Michigan Business News

Challenges Mount in Michigan’s Cannabis Industry

News Summary As Michigan’s cannabis industry marks its five-year anniversary, it faces significant challenges, including price drops and increased competition from the illicit market. The Cannabis Regulatory Agency (CRA) struggles to enforce compliance, while lawmakers seek solutions to stabilize the market. Key issues include the influx of unregulated hemp products

April 25, 2025 8:53 am

Aerial view of Michigan farmlands with crops

Michigan Business News

Michigan’s Agricultural Exports Reach Nearly $3 Billion

News Summary In 2024, Michigan’s agricultural exports have surged to an impressive nearly $3 billion, marking a substantial increase from 2023. With Canada and Mexico as top partners, the state showcases strong growth in processed food products and various essential goods. However, uncertainties relating to upcoming tariffs pose challenges ahead.

March 20, 2025 8:55 am