Gage Cannabis Co. Archives - Page 2 of 3

TuesdayDec 29, 2020 1:24 pm

QualityStocksNewsBreaks – Gage Cannabis Co. Positioning to Capitalize in Top Market

Gage Cannabis is a leading vertically integrated operator in the cannabis industry focused exclusively on the Michigan market. The company is strengthening its presence to capitalize amid exploding growth, in which Michigan’s new recreational marijuana market is projected to reach — and exceed — $1 billion, second only to California (https://ibn.fm/vB31u). A recent article discussing this reads, “The state’s burgeoning growth was one of the reasons Gage decided to set up shop in Michigan. Gage opened its first medical provisioning center (dispensary) in 2019, and the company now has 13 medical or adult-use locations in operation or planned. Additional locations are…

TuesdayDec 29, 2020 12:38 pm

Gage Cannabis Co. Announces $20 Million Investment from JW Asset Management as Reg A Offering Closes the General Public Access

Gage Cannabis secures minimum $20 million investment from JWAM to expand cultivation and retail footprint, pursue accretive acquisitions, and solidify position as leading operator in the state of Michigan JW Asset Management is widely recognized as one of the premier investors in the cannabis sector In just over a year, Gage operations have grown to five provisioning centers, three cultivation facilities, and one processing facility As general public access for its Regulation A, Tier 2, equity financing closed, Gage Cannabis Co. announced that it has secured a minimum $20 million investment from JW Asset Management LLC (“JWAM”) as part of…

TuesdayDec 15, 2020 3:54 pm

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…

TuesdayDec 08, 2020 12:03 pm

QualityStocksNewsBreaks – Gage Cannabis Co. Executive Chairman Discusses Milestones, Record-Breaking Sales, Near-Term Goals in Audio Interview

Gage Cannabis Co., a leading vertically integrated operator in the cannabis industry, today announced that its Executive Chairman Bruce Linton was featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Linton provided an update on the company’s recent milestones, its record-breaking cannabis sales in Michigan, as well as its near-term goals that include an IPO planned for 2021. “We found that Michigan is doing more than $100 million a month in cannabis, so the medical and recreational opportunity is there to…

FridayDec 04, 2020 1:39 pm

QualityStocksNewsBreaks – Gage Cannabis Co. Positioning Amid Exploding Demand for Adult-Use Products

Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator. With a commitment to build the fastest-growing cannabis brand in the state, Gage recently began offering recreational marijuana at its Lansing, Michigan location (https://ibn.fm/nqJ5R). “We are thrilled to start offering recreational sales to more customers within the Lansing area,” said Gage Cannabis Co. president Fabian Monaco. “The demand for adult-use products has exploded in the past year, and we are ready and eager to meet those needs. We have received an overwhelmingly positive response from medical patients about our products and retail experience, and we…

WednesdayDec 02, 2020 11:30 am

Gage Cannabis Co. Strengthening Presence in Exploding Michigan Market

State recreational marijuana market on track to top $1 billion Michigan could be fastest-growing recreational market per capita outside of California Gage’s current portfolio features 19 Class C cultivation licenses across four cultivation assets, three processing licenses In only one year, Michigan’s new recreational marijuana market is projected to reach — and exceed — $1 billion, second only to California (https://ibn.fm/q80zU). That is good news for Gage Cannabis, a leading vertically integrated operator in the cannabis industry focused exclusively on the Michigan market. "It really is just explosive growth in Michigan," said Sloane Barbour, the chief revenue officer of cannabis industry recruitment…

WednesdayNov 25, 2020 1:00 pm

As Global Cannabis Sales Grow 38% in 2020, Gage Cannabis Co. Expands to Offer Recreational Marijuana at Flagship Location

Research suggests cannabis sales increased 38% from 2019 to 2020 Gage expanding into fast-growing Michigan market, now offering recreational marijuana at flagship Ferndale location Adult-use cannabis revenues in Michigan projected at $1 billion per year for 2021, surpassing $1.5 billion by 2023 Quarterly sales nearly doubled to $11.9 million in Q2 2020 from $5.8 million in Q1, expected to surpass $13.1 million in Q3 Recent research published by BDSA (formerly BDS Analytics) suggests that the global cannabis industry continues to grow despite COVID-19, with forecasts predicting that 2020 sales will reach $19.7 billion - an increase of 38% from 2019 (https://ibn.fm/EkGXb).…

TuesdayNov 17, 2020 2:53 pm

QualityStocksNewsBreaks – Gage Cannabis Co. Expands Flagship Store to Offer Recreational Products

Gage Cannabis Co. today announced that it will offer adult-use (recreational) marijuana sales at its flagship store in Ferndale, Michigan. Located at 1551 Academy St., the store has been open for medical card holders since September 2019. The company opened its first adult-use retail location in Adrian, Michigan in July 2020 and its second earlier this month in Lansing, Michigan. “We have been looking forward to this day since we opened our doors in September 2019,” said Mike Finos, president and executive vice president of operations at Gage Cannabis. “We are excited to extend the Gage experience to anyone ages…

ThursdayNov 12, 2020 2:29 pm

Gage Cannabis Prepares to Capitalize on Stunning Growth Within Michigan’s Cannabis Industry

Gage Cannabis, vertically integrated cannabis operator, has stated goals to become fastest-growing cannabis brand in state of Michigan Michigan’s cannabis industry has benefitted from strong growth momentum ever since state passed motion to legalize cannabis for adult recreational use in 2018; sector now valued at estimated $3 billion per annum at maturity Gage Cannabis currently has five retail locations across Michigan along with three wholly-owned cultivation centers all fully operational Company posted $13.1 million in 3Q2020 sales (unaudited), a 129% increase from its 1Q2020 figure of $5.8 million On December 4, 2018, Michigan officially became the 10th state in the…

TuesdayNov 10, 2020 4:31 pm

Gage Cannabis Co.’s Lansing Location Now Offering Recreational Marijuana

Experts expect the recreational marijuana market in Michigan to rival the numbers currently seen in some of country’s top cannabis markets within the next few years Gage Cannabis Co. is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan New Lansing location offers a wide range of products, all available for purchase through curbside delivery or walk-up pick up Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator by offering recreational marijuana at its Lansing, Michigan location (https://ibn.fm/6Xhxk). The company is committed to building the fastest-growing cannabis brand in…

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