Michigan Marijuana Sales Surpassed $3 Billion In 2023

Michigan Marijuana Sales Surpassed $3 Billion In 2023

Jan 18, 2024 | Blog, Michigan News, News

In 2023 according to sources on the internet the Michigan  lottery made 46 million , liquor taxes made $31.5 billion this year, a slight increase from previous projections but close to $400 million less than the previous year.  Marijuana about 3 billion.

Michigan’s legal marijuana retailers experienced remarkable success in 2023, generating an impressive $3 billion in cannabis sales. Notably, the sales soared even higher in December, surpassing all previous records.

Licensed businesses achieved a remarkable milestone last month, generating an impressive $279.9 million in total sales, as revealed by the latest state sales data. This outstanding performance sets a new record, surpassing the previous highest monthly earnings of $276.7 million, which were accomplished in July of the previous year.

All recorded sales for 2023, including both adult-use and medical purchases, reached a staggering $3,057,161,285.85, as reported by Michigan’s Cannabis Regulatory Agency (CRA). This figure surpasses the previous year’s total of $2.29 billion by approximately one-third, highlighting the remarkable growth within the industry.

See the CRA Reports

 

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Detroit casinos report $116.2M in December revenue, $1.237B for year

DETROIT, Jan. 9, 2024 — The three Detroit casinos reported $116.2 million in monthly aggregate revenue (AGR) for the month of December 2023, of which $111.4 million was generated from table games and slots, and $4.8 million from retail sports betting.

The December market shares were:

MGM, 44%
MotorCity, 32%
Hollywood Casino at Greektown, 24%
Monthly Table Games, Slot Revenue, and Taxes
December 2023 table games and slot revenue increased 2.9% when compared to December 2022 revenue. December’s monthly revenue was also 46.6% higher than November 2023. From Jan. 1 through Dec. 31, the Detroit casinos’ table games and slots revenue decreased by 2.7% compared to the same period last year.

The casinos’ monthly gaming revenue results were mixed compared to December 2022:

MGM, down 0.7% to $50.6 million
MotorCity, up by 5.1% to $34.7 million
Hollywood Casino at Greektown, up by 7.5% to $26.1 million
In December 2023, the three Detroit casinos paid $9.0 million in gaming taxes to the State of Michigan. They paid $8.8 million for the same month last year. The casinos also reported submitting $13.8 million in wagering taxes and development agreement payments to the City of Detroit in December.

Quarterly Table Games, Slot Revenue, and Taxes
For the fourth quarter of 2023 that ended Dec. 31, aggregate revenue was down for all three Detroit casinos by 12.9% compared to the same period last year. Quarterly gaming revenue for the casinos was:

MGM: $118.6 million
MotorCity: $84.4 million
Hollywood Casino at Greektown: $66.2 million
Compared to the fourth quarter of 2022, MGM, MotorCity, and Hollywood Casino at Greektown were down by 17.7%, 11.6%, and 4.7%, respectively. The three casinos paid $21.8 million in gaming taxes to the state in the fourth quarter of 2023, compared to $25.0 million in the same quarter last year.

Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $30.4 million in total retail sports betting handle, and total gross receipts were $4.8 million for the month of December. Retail sports betting qualified adjusted gross receipts (QAGR) in December 2023 were up by $3.1 million when compared to December 2022. Compared to November 2023, December QAGR increased 54.9%.

December QAGR by casino was:

MGM: $291,171
MotorCity: $2.3 million
Hollywood Casino at Greektown: $2.2 million
During December, the casinos paid $180,822 in gaming taxes to the state and reported submitting $221,005 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Annual Revenue for Table Games, Slots, and Retail Sports Betting
The total yearly aggregate revenue of $1.237 billion — a slight decrease of 3.1% compared to last year — by the three Detroit casinos for slots, table games, and retail sports betting was generated by:

Slots: $984.1 million (80%)
Table games: $238.7 million (19%)
Retail sports betting: $14.0 million (1%)
The casinos’ market shares for the year were:

MGM, 46%
MotorCity, 31%
Hollywood Casino at Greektown, 23%
Compared to 2022, slots and table games yearly gaming revenue for the three casinos were as follows:

MGM, down by 6.0% to $564.0 million
MotorCity, down by 5.8% to $373.6 million
Hollywood Casino at Greektown, up by 9.5% to $285.2 million
Aggregate retail sports betting qualified adjusted gross receipts (QAGR) for 2023 was down by 25.7% to $14.0 million compared to last year, with MGM totaling $2.3 million, MotorCity totaling $5.0 million, and Hollywood Casino at Greektown totaling $6.7 million.

In 2023, the three Detroit casinos paid the state $99.0 million in wagering taxes for slots and table games, and $528,314 in wagering taxes for retail sports betting. In 2022, they had paid $101.8 million and $711,087 for each, respectively.

Fantasy Contests
For November, fantasy contest operators reported total adjusted revenues of $1.8 million and paid taxes of $149,915.

From Jan. 1 through Nov. 30, fantasy contest operators reported $21.3 million in aggregate fantasy contest adjusted revenues and paid $1.8 million in taxes.

Gambling in any form is for entertainment purposes only. If someone has a gambling problem, please call the state’s 24-hour, toll-free helpline at 1-800-270-7117 or the MGCB’s responsible gaming section at 1-888-223-3044. Visit the Responsible Gaming page of the MGCB website for information on self-exclusion programs including the Disassociated Persons List and the Internet Gaming and Sports Betting Responsible Gaming Database, and DontRegretTheBet.org for additional tools to game responsibly.

The Michigan Gaming Control Board shall ensure the conduct of fair and honest gaming to protect the interests of the citizens of the state of Michigan. Learn more at Michigan.gov/MGCB.

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Whitmer signs bill stripping gun rights for non-violent offenders

Whitmer signs bill stripping gun rights for non-violent offenders

Nov 30, 2023 | Blog, Michigan Laws, Michigan News, Your Rights

Gov. Gretchen Whitmer proudly showcases a crucial bipartisan gun violence bill package that she recently signed into law, underscoring her unwavering dedication to safeguarding the lives of those vulnerable to domestic violence. This essential measure reflects the governor’s commitment towards protecting those in need.

The bills aim to prevent individuals convicted of misdemeanor domestic violence from buying, having, or carrying firearms for a period of eight years after their sentence.

According to an analysis by the Michigan House Fiscal Agency, House Bill 4945 aims to update the sentencing guidelines, preventing individuals convicted of domestic violence from purchasing or possessing firearms or ammunition for a duration of eight years.

The bill aims to broaden the definition of a felony, expanding the range of crimes resulting in individuals being prohibited from possessing, using, or transferring firearms or ammunition for three years after completing their sentence.

Senate Bill 471 renders illegal firearm and ammunition possession by individuals convicted of misdemeanor domestic violence.

According to Senate Legislative Analysis, SB 471 would broaden the scope of felony possession prohibitions to include offenses punishable by more than one year but less than four years of imprisonment, committed under the laws of other states and the United States.

But the bills also cover a wide range of nonviolent offenses and misdemeanors, including breaking into vending machines and parking meters, tampering with electronic tethers, occupying properties without permission, causing pollution, illegally recording in a movie theater, and engaging in joyriding.

All in all, these bills enforce restrictions on the possession and sale of firearms and ammunition in over 100 legal situations unrelated to domestic violence.

According to an analysis by the Michigan House Fiscal Agency, House Bill 4945 aims to update the sentencing guidelines, preventing individuals convicted of domestic violence from purchasing or possessing firearms or ammunition for a duration of eight years.

The bill aims to broaden the definition of a felony, expanding the range of crimes resulting in individuals being prohibited from possessing, using, or transferring firearms or ammunition for three years after completing their sentence.

Senate Bill 471 renders illegal firearm and ammunition possession by individuals convicted of misdemeanor domestic violence.

According to Senate Legislative Analysis, SB 471 would broaden the scope of felony possession prohibitions to include offenses punishable by more than one year but less than four years of imprisonment, committed under the laws of other states and the United States.

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Read the House Bill 4945 summary here

https://www.legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-4945-9B3EF036.pdf

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Judge blocks media access to Michigan marijuana hearings

Judge blocks media access to Michigan marijuana hearings

May 26, 2023 | Lab Scandals, Michigan News, News

Michigan’s largest-ever marijuana recall is at the center of a court matter that the public is forbidden from attending.

The case focuses on Cannabis Regulatory Agency accusations that Viridis Laboratories, one of the largest marijuana safety testing labs in the state, produced inaccurate test results related to potentially harmful contaminants, and inflated THC potency data. Viridis has denied the claims and filed its own lawsuit against the CRA, accusing the regulator of abusing its power and unfairly targeting the safety lab.

“Without having the proceedings being published, it’s possible a lot of things may remain hidden from public view and I don’t think that’s democracy,” said marijuana insider Rick Thompson, who is the executive director of the National Organization for the Reform of Marijuana Laws (NORML) of Michigan,

Attorney General Dana Nessel’s office is representing the CRA.

Read the rest here at MLive

‘I don’t think that’s democracy.’ Judge blocks media access to Michigan marijuana hearings

Michigan marijuana testing lab says potency results are legit

Michigan marijuana testing lab says potency results are legit

Dec 10, 2022 | Blog, Lab Scandals, Michigan News

Controversial Michigan marijuana testing lab says potency results are legit. IT HAS PROOF!

Michigan regulators and the state’s largest marijuana safety testing lab are at odds.

When customers purchase marijuana off shelves, the Cannabis Regulatory Agency (CRA) has questioned whether the THC potency results on the label are accurate, at least when Viridis Laboratories has provided the results.

The battle began with a monumental recall issued by the CRA in November 2021 on an estimated $229 million worth of marijuana. The CRA claimed safety test results issued by Viridis Laboratories — the lab that tested all that marijuana — were unreliable.

On Oct. 20, plaintiffs seeking a class-action lawsuit, filed claims against the owners of Jeeter marijuana brand pre-rolls in Los Angeles Superior Court, claiming the brand regularly inflates potency and misleads customers for profits.

“For example, the Baby Jeeter Fire OG Diamond Infused 5-Pack Preroll was listed as having 46% THC on the label,” the lawsuit said. “Independent lab testing showed, however, that the actual THC content of the product was substantially lower, between 23-27% THC.”

Similar claims have been levied against products in Michigan that have been labeled with what some have called impossibly high potencies.

Read More here on MLive

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Super potent weed spurs distrust in Michigan marijuana industry

Super potent weed spurs distrust in Michigan marijuana industry

Oct 27, 2022 | Blog, Lab Scandals, Michigan News

In case you missed it…

The validity of results issued by marijuana safety labs in Michigan and across the nation have been called into question. There are allegations of labs intentionally issuing higher THC potency test results — which makes the marijuana more valuable to retailers — and passing product that should have failed for reasons, such as, over-limit amounts of yeast and mold or the presence of potentially dangerous pathogens. like aspergillus.

Marijuana producers are the labs’ customers, so issuing low THC results or failing product may result in the loss of revenue for the lab.

The CRA is currently tied up in litigation with one of the state’s largest lab operators, Viridis Laboratories, which is founded by former state police and operates locations in Bay City and Lansing.

The CRA on Nov. 17, 2021, issued a recall on any product tested by Viridis. A state Court of Claims judge subsequently overturned a large portion of the recall that Viridis CEO Greg Michaud called “baseless, meritless and totally detached from science, facts and data.”

Public complaints issued against Viridis by the CRA called into question the validity of Viridis THC tests results and accused the lab of using testing techniques that have never been approved by the CRA.

When asked how the lab is allowed to use unapproved tests, Hanna said: “It’s a good question. We have pending litigation, so we can’t comment on pending litigation that’s in process right now. We’re aware of the concerns.”

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Read the rest here Super-potent weed spurs distrust

Judge limits Michigan marijuana recall to half the product initially covered

Judge limits Michigan marijuana recall to half the product initially covered

Dec 6, 2021 | Blog, Lab Scandals, Michigan News

A marijuana recall will proceed in part after a judge denied a testing company’s request for a preliminary injunction for a recall of products tested by one of its labs, but allowed it for the other.

The split decision from Michigan Court of Claims Judge Christopher Murray came Friday after Murray heard more than six hours of testimony Wednesday and Thursday.

Viridis Laboratories, which said the recall affected about 60 to 70 percent of the state’s cannabis products, sued the MRA saying the state was “unjustified, prejudiced and retaliatory.”

A lot of them have lost a lot of money and they’re angry.”

Murray’s opinion Friday said the regulatory agency relied on retesting of product tested at Viridis, which is located in Lansing, but not Viridis North, which is located in Bay City.

“Yet, the recall bulletin expressly states in the first sentence that the MRA ‘has identified inaccurate and/or unreliable results of products tested by safety compliance facilities Viridis North, LLC and Viridis Laboratories, LLC.'” Murray wrote. “As to Viridis North, that does not appear to be accurate, as everyone has agreed that no samples from Veridis (sic) North were included in the random samples re-tested prior to the recall, and which in part led to the recall.”

The Judge blocked the state’s recall as it pertains to Viridis North but allowed it to continue for Viridis as further litigation continues.

The judge acknowledged the Marijuana Regulatory Agency “undoubtedly” believes the recall of both Viridis and Viridis North was necessary to protect the public.

The company applauded the decision in a statement, saying it struck down “approximately half” of the state’s recall.

“While we maintain that the entire recall was completely without merit, we applaud the Court for at least reversing the MRA’s faulty decision to recall products tested at Viridis Bay City,” said Kevin Blair, an attorney with Honigman. “This ill-advised recall has caused irreparable harm not only to Viridis but to growers, retailers and consumers throughout the state.”

After spending his career helping prosecute people for marijuana Greg Michaud now cares how safe the marijuana is to his next generation of client$.

The laboratories claim the recall affected 64,000 pounds of flower valued at retail prices at over $229 million

The state had “immediately implemented actions to comply with the court’s order,” said David Harns, spokesman for the Marijuana Regulatory Agency.

“Public safety concerns are one of the main purposes and duties of the MRA, and undoubtedly it believes the recall of both Viridis and Viridis North was necessary to protect the public,” Murray said in his 13-page opinion and order.

“Due to the ongoing litigation and investigations, we will not be able to comment further beyond what is published on our website,” Harns said.

It’s been said that 18 people complained of “mild allergic reactions” and other health concerns, up to hospitalization, after consuming recalled marijuana from Michigan, a state licensing officials testified last week.

If you need a lawyer that is more experienced than most in regards to cannabis laws, legal issues, licensing and legal defense look no further than this law firm. Yes this is an ad for Komorn Law but just Google the name for yourself and do your own research.

Here’s a list of some documents, videos and news reports.

STATE OF MICHIGAN COURT OF CLAIMS
CASE ID 21-000219-MB
REGISTER OF ACTIONS
21-000219-MBVIRIDIS LABORATORIES, LLC et al V MICHIGAN MARIJUANA REGULATORY AGENCY et al
See Document here

Michigan Court of Claims Opinion

Read the 13 page opinion here.

MRA Update Release 12/3/21

Update to 11/17/21 Notification of Marijuana Product Recall

The Marijuana Regulatory Agency has received an opinion and order from the State of Michigan Court of Claims regarding the November 17, 2021 marijuana product recall.

Pursuant to the Court’s order, effective immediately, the recall “as it pertains to Viridis North,
LLC” has been enjoined. The MRA is required to comply with this order.

Therefore, the MRA will release the administrative holds on all products tested by Viridis North,
LLC that were included in the recall. This includes any products that have been subsequently
retested, regardless of whether those retesting results were passing or failing.

Read the same thing here

Viridis Laboratories, LLC -vs- Michigan Marijuana Regulatory Agency
Day 1 of Court (Start Time 38:00)
Court of Claims December 1, 2021

Day 2 of Court (Start Time 35:00)
Court of Claims December 2, 2021

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