- Gage Cannabis, vertically integrated cannabis operator, has stated goals to become fastest-growing cannabis brand in state of Michigan
- Michigan’s cannabis industry has benefitted from strong growth momentum ever since state passed motion to legalize cannabis for adult recreational use in 2018; sector now valued at estimated $3 billion per annum at maturity
- Gage Cannabis currently has five retail locations across Michigan along with three wholly-owned cultivation centers all fully operational
- Company posted $13.1 million in 3Q2020 sales (unaudited), a 129% increase from its 1Q2020 figure of $5.8 million
On December 4, 2018, Michigan officially became the 10th state in the United States to legalize marijuana for adult recreational use. Since then, Gage Cannabis a leading vertically integrated operator in the cannabis industry led by former CEO and Chairman of Canopy Growth Corp. Bruce Linton, has sought to focus on the Michigan market, with the stated ambition of building the fastest-growing cannabis brand in the state.
Gage Cannabis has witnessed a rapid growth trajectory since its inception, having opened its first medical provisioning center (dispensary) in the state of Michigan in 2019. Since then, the company has seen its retail footprint expand to five medical or adult-use locations, with plans to operate 20+ locations by the end of…
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