QualityStocksNewsBreaks – Gage Cannabis Co. on Rapid Growth Trajectory, Looks to Cultivate Additional Opportunity in Michigan
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…