A mid-Michigan medical marijuana cultivator plans to open 19 provisioning centers throughout the state.
The news comes as Green Peak Innovations LLC closes a more than $30 million debt round. The money borrowed will position the company to make its expansion into the burgeoning marijuana retail business in Michigan, according to a news release.
“Significant demand resulted in exceeding our planned funding goal in record time,” CEO Jeff Radway said in a statement. “Our first priority is to solidify our position as the state’s premier cannabis company that supplies Michiganders with the safest, highest quality products.”