fbpx
QQQ
+ 0.00
347.57
+ 0%
DIA
+ 0.02
339.43
+ 0.01%
SPY
+ 0.02
423.09
+ 0%
TLT
+ 0.00
143.64
+ 0%
GLD
+ 0.00
166.25
+ 0%

C3 Industries Opens Its First Dispensary In Michigan

August 13, 2019 12:34 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

Ann Arbor, Michigan-based cannabis producer C3 Industries said Tuesday it officially entered the Michigan cannabis market with the opening of its first dispensary in the state.

What Happened

C3 Industries' "High Profile" dispensary is based in Detroit. The store provides a selection of products, such as flower, edibles, vaporizers, concentrates, topicals and tinctures.

The store include products from other brands on the market, but will also feature C3's own full line of products once its cultivation and manufacturing facility is completed.

Benzinga's Cannabis Capital Conference heads to Detroit on Aug. 15 — click here to learn more!

What's Next

C3 Industries plans to invest more than $15 million in the Michigan cannabis industry for its headquarters, cultivation and manufacturing facility in Webberville and a retail network of "High Profile" dispensaries.

The recently-opened dispensary is the first of 15 to 20 stores C3 industries plans to open across the state over the next 24 months. The next two locations in Ann Arbor and Grant are scheduled for opening this fall.

C3 Industries' cultivation and manufacturing facility is also expected to open later this year.

Don’t miss out on the top cannabis stories of the day. Click here to sign up for our daily insider newsletter.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.

Posted-In:

Cannabis News Markets

Related Articles

Missouri's Cannabis Market: What Investors And Entrepreneurs Need To Know

Missouri often gets lost in the shuffle when discussing U.S. cannabis. Those ignoring the Show-Me State and its medical market may be missing an early opportunity as an investor or entrepreneur. read more