#16 - Intro to the Michigan Cannabis Market
This is an episode we recorded in the summer after visiting Detroit for a conference.
We give an overview of the Michigan market and why we think it will be one investors should pay close attention to.
- The revitalization of Detroit since 2008
- The 6 main types of licenses (similar to California's model):
#1) Cultivation
#2) Processing / Extraction / Manufacturing
#3) Retail / Dispensary
#4) Secure Transport (stand alone)
#5) Lab Testing (stand alone)
#6) Micro-Grow
- How Michigan compares to Florida in terms of patient count
- Why Michigan is actually a tourist destination
- Why Michigan will be a smoother roll-out than Ontario
- X-Factor: Michigan's Black Market
- Future Predictions for the Michigan Market