MICHIGAN CANNABIS ADVANTAGES
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Among the top 10 most populous states in the U.S. at 10 million residents
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Low cannabis industry taxation
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Surrounded by high population states
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Cannabis sales in MI have been growing exponentially, with sales of $2.3 billion in 2022, $3 billion in 2023, and 2024 sales are projected to be between $3.5 to $4 billion
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Monthly sales are averaging over a quarter billion dollars
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The market is second in size only to CA with a higher (no pun intended) per capita sales percentage at $229 per resident versus California’s $135 per person
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With the increasing shortage of quality flower in the Michigan market and a potential sales channel of over 700 licensed, established retailers, we will consistently sell all the craft cannabis we can produce, at a strong price point
1 story | 60,000 square feet interior
“Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were
up 27.9% in 2022 at $2.29 billion. In 2023, sales grew 33.3% to $3.06 billion.”[Cannabis Regulatory Agency / Dec. 2023]
REGULATORY REQUIREMENTS: Comply with Michigan’s cannabis regulations, including licensing, labeling, and testing requirements. Position ourselves favorably for future legislative changes.
RELIABLE SUPPLY CHAIN: Be the premium craft cannabis cultivators and processors and ensure a consistent and high-quality product supply.
DISTRIBUTION CHANNELS: A robust sales approach with multiple sales channels. Negotiate favorable terms and contracts with processors, wholesalers, manufacturers, dispensaries, MSO’s, high-demand Brands, and distributors.
SALES TEAM: Consistently monitoring market changes, sales metrics, and consumer input for our product. Swift adaptability to trends and market demand to ensure our continued success.
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Sales Manager: Responsible for overall strategy, team management, data analytics, and reporting.
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Account Executives/Managers: Assigned to specific regions or territories, responsible for building relationships with dispensaries and retailers.
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Sales Support/Coordinators: Assist with administrative tasks, order processing, and customer support. Provide marketing assets to retailers for Brand awareness.
