Cannabis Market Brief

Detroit, MI

Detroit's saturated 161-dispensary market demands differentiation beyond discounts.

Market Snapshot

Market size

$371M+ Wayne County (2024); Michigan $3.17B (2025, -3.1% YoY, first annual decline)

Dispensaries

161 city; 822 statewide

Avg flower price

$3.80/g (lowest in US); $59.85/oz (Feb 2026, down 88% from peak)/g

House of Dank (6+ locations)

Cloud Cannabis

King of Budz

Liberty Cannabis

Lume

JARS

August peak $31M+ monthly; recreational dominates 99%+; medical collapsed from $481M peak to $18M; concentrates +23.2% YoY

16% state excise + 10% retail + 24% new wholesale tax (Jan 2026); home grow 12 plants; social equity program (33 licenses 2024-2025)

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This is what Canovate generates for any market.

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