Cannabis Market Brief
College town + 50-year cannabis culture + $3.80/g pricing = AI-native dispensary opportunity.
Market Snapshot
Market size
$50-100M; part of Michigan $3.49B
Dispensaries
12-15 (North Coast Provisions, Information Entropy, JARS, Cookies near UMich)
Avg flower price
$3.80/g (Michigan lowest in nation); $59.79/oz (late 2025)/g
Key Competitors
Information Entropy (locally owned)
North Coast Provisions (delivery)
Liberty Provisioning Center (consumption lounge)
Demand Signals
44% of UMich students use cannabis annually (national high); 8% daily use; Hash Bash 54-year tradition
Regulatory Notes
1972 cannabis decriminalization pioneer; Nov 2024 reduced school buffer to 100 ft; 24% wholesale tax Jan 2026