Study: Michigan's cannabis industry worth $3.2B, much of it still 'illicit'

Study: Michigan's cannabis industry worth $3.2B, much of it still 'illicit'
Despite a growing number of retail stores, the study shows 70% of cannabis transactions in Michigan happen outside stores and many are "off the books."
Author: Matt Gard
Updated: 11:20 PM EDT June 29, 2021
GRAND RAPIDS, Mich. — It was a busy Tuesday night at Exclusive Grand Rapids Medical & Recreational Marijuana Dispensary on 29th Street. About a dozen customers were let in the store at a time to talk with employees and make their selections. Several others waited in the parking lot for their turn to go in and browse.
"Exclusive Brands is doing very well. I'm obviously very biased," Chief Development Officer Narmin Jarrous said with a smile.

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