Weed War: Dispensaries in dire straits as pot economy tightens – WJMN – UPMatters.com

OWOSSO, Mich. (WLNS) – In 2008, following the legalization of medical marijuana, Michigan saw an explosion in dispensaries appearing in empty storefronts across the state. Local governments worked to regulate the market, while a complicated licensure process played out at the state level.  

But in 2018, voters approved recreational marijuana sales in the state and the market exploded. The pot industry has boomed, according to state regulators — $1.7 billion in weed sales in the first seven months of 2023. In July, the Michigan Cannabis Regulatory Agency reported more than $270 million in sales in just that month.  

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But not every marijuana business is booming. Discount Buds in Corunna recently shut down.  

“As it’s growing, the competition is becoming more,” said Raymond Abro, chief operation officer of Jars Cannabis.  

Abro has a location in Owosso, less than five minutes from where Discount Buds was operating. Abro’s is one of five dispensaries within a square mile. Small towns like Corunna and Owosso became the battleground for survival for retail marijuana Abro said.  

“It’s sad to see that

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