Higher Love Cannabis closes 5 Upper Peninsula Michigan locations
Suspension marks latest closure in Michigan market contending with new 24% wholesale tax and record-low prices.
FILE — closure · Ivan Radic / CC BY 2.0Higher Love Cannabis has suspended operations at five locations in Michigan's Upper Peninsula, according to reporting from Upper Michigan's Source. The closure arrives as Michigan's adult-use market navigates competing pressures: a newly imposed 24% wholesale tax (implemented in early August) and cannabis prices at record lows amid intensifying retail competition.
The state maintains 923 open retail locations across its adult-use system, suggesting the five-store suspension is localized rather than indicative of broader market failure. However, recent coverage indicates operational stress—including a separate dispensary closure for selling unauthorized bulk inventory, compliance citations for security lapses, and a lawmaker's attempt to repeal the wholesale tax.
Watch whether additional Upper Peninsula operators announce closures or scale-backs in coming weeks, which could signal whether the tax burden and price compression are forcing further consolidation in lower-density regions.
Original report: Upper Michigan's Source ↗