Gage Cannabis, a premium adult-use cannabis retailer, is set to capitalize on stunning growth of the Michigan industry. Ever since recreational use was legalized in 2018, Michigan has become one of the fastest-growing legal cannabis markets in the United States in terms of consumption. In fact, state authorities have recently projected recreational marijuana sales to be worth nearly $1 billion per annum in 2021 with revenues set to reach over $1.5 billion by 2023 (https://ibn.fm/EoE6c). An article discussing the company’s positioning amid this budding market reads, “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 2021. Gage Cannabis has simultaneously sought to complement its retail distribution network with a swiftly expanding cultivation operation—one which has focused on producing small-batch, indoor-grown, and hand-trimmed plants designed to ensure that every gram of cannabis sold is of the highest quality.”
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About Gage Cannabis Co.
Gage Cannabis is a premium adult-use cannabis retailer in Ayer, Massachusetts with a mission to provide customers with a diverse selection of the best cannabis and cannabis-infused products available in Massachusetts. For more information about the company, visit www.GageCannabisCo.com.
NOTE TO INVESTORS: The latest news and updates relating to Gage Cannabis are available in the company’s newsroom at https://ibn.fm/GAGE
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