By 420 Intel on Wednesday, 15 July 2020
Category: Business & Finance

Michigan’s Cannabis Industry Licensed To Grow Half A Million Plants

Cannabis cultivators in Michigan have amassed the licenses necessary to grow more than half a million plants, leading to a surge in legal marijuana sales even as prices drop in the state. 

As of July 13, medical marijuana and adult-use cannabis cultivators were licensed to grow 511,500 plants, according to media reports of data released by the state’s Marijuana Regulatory Agency. That’s an increase of 20% from June 1, when licenses to grow 426,000 cannabis plants were active in the state.

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