Detroit Marijuana Entrepreneurs: Another Round Of Applications For Retail Licenses Starts Soon
Portfolio Pulse from Joana Scopel
Detroit is set to accept applications for the second round of limited marijuana business licenses on August 1, with half of all licenses reserved for 'equity applicants'. The licenses include dispensaries, microbusinesses, and consumption lounges. The second round comes after a gap of eight months since the city awarded 33 recreational retail marijuana licenses. Gage Cannabis, a subsidiary of TerrAscend Corp. (OTC:TRSSF), announced last year its fourth social equity grant recipient, Midwest CannaNurses.
July 11, 2023 | 9:39 pm
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TerrAscend Corp.'s subsidiary, Gage Cannabis, is involved in social equity grants in Detroit's cannabis industry. This involvement could potentially boost the company's reputation and standing in the industry.
TerrAscend Corp.'s involvement in social equity grants through its subsidiary, Gage Cannabis, shows the company's commitment to social responsibility and equity in the cannabis industry. This could potentially enhance the company's reputation and standing in the industry, which could positively impact its stock.
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