State of the Operation.
Five seasons in. 100 acres outdoor canopy. 600,000 lbs production capacity. $1,042 per pound wholesale floor. The numbers, the math, and the operating decisions that landed us where we are.
Snapshot
One page on what 2025 actually looked like.
The Michigan market
To understand what 2025 was, you have to understand what Michigan's cannabis market did.
When adult-use sales launched in late 2019, wholesale flower in Michigan sold for over $2,200 per pound. Retail ounces cleared $400. Margins were enormous. Michigan issued cultivation licenses without a cap. Everybody with access to capital rushed in.
By 2023, the average retail ounce was under $90. By early 2025, it had dropped below $66. Wholesale pound prices fell to roughly $1,042, a 28% decline from the prior year alone. Michigan had become, by most measures, the cheapest legal cannabis market in the United States.
By the end of 2024, the state had nearly 2.8 million lbs of fresh-frozen flower sitting in cold storage, a 228% increase year over year. PharmaCann shut down 207,000 sqft in Warren. Pincanna idled 31,500 sqft. Fluresh closed a $46 million facility in Adrian.
Price compression did not treat every operator the same. It annihilated the ones who built on margin. It rewarded the ones who built on cost discipline.
We had built on cost discipline.
The operation
Three working farms, indoor and greenhouse propagation, all feeding one consolidated post-harvest floor.
The original Cass County footprint. 2021. Cultivation framework built, pressure-tested, refined here through Michigan's first three seasons of post-launch market chaos. Indoor and greenhouse support attached.
Brought online 2023. Designed from scratch around what we learned at Farm 01: row spacing, fertigation, drainage, IPM, harvest logistics, all built in from day one instead of retrofitted. Second-mover advantage on our own playbook.
Brought online 2024. Brings total active outdoor canopy past 100 acres. Built on the playbook the first two farms wrote. Refined for sustained 45-day harvest throughput at full scale.
Six seasons cumulative. Genetics that earned permanent rotation went through a small-batch evaluation pipeline, and most of them got cut. Cultivars in active rotation as of this writing: 17. Cultivars trialed and removed across the 2024-2025 cycle: 38.
Every plant METRC-tracked. Every batch CRA-reported. Every reconciliation logged at three weight events: field cut, transport, dry intake. The compliance overhead is real. The alternative is worse.
Post-harvest
One floor handles every pound. The most contentious operational decision we made, and the one that earned us the most over the last 24 months.
Most multi-site cannabis operators dry, trim, and package on-farm where the biomass is grown. We don't. Every pound we cut goes to a single consolidated post-harvest facility. At peak harvest, we run five 53-foot semi trucks every day between farms and that facility.
The cost of that decision shows up in fleet, METRC manifests, three-event weight reconciliation, and capacity sized for sustained 45-day surge. The return on that decision shows up in cost per pound.
Trim line throughput target: 60 lbs/hr, single line. Average cure: 32 days against a 21-day minimum. No batch ships before its lab data comes back clean. Every batch on file is publicly visible at /batch.
2026 outlook
Michigan's cannabis market in 2026 is defined by consolidation. Here's what we're planning around.
Effective January 2026. Compresses margin further. The operators who run lean continue to run.
Down from $3.29B prior year. Demand steady. Pricing not. The market is the market.
Plus 788K at processors, 251K test-passed at growers. Inventory weight remains heavy.
Cultivation license totals are declining for the first time. The operators who come out of this market intact are the ones who already know how to run lean. We already run lean. We intend to keep running.
The cultivation framework, post-harvest logistics, cost-per-pound modeling, and operational playbook we built at Grip is now also deployed by Continuum Advisory & Innovation for operators in other states and other countries. Same playbook. Same operators in the room.
The operators who built on cost discipline are the ones still standing. That list is shorter every quarter.
If you're a dispensary buyer looking for product built inside this discipline, the strains in rotation and vape line are listed on this site, and our wholesale team is reachable from the home page.
If you're an operator scaling cultivation in another market, the consulting firm we built from this operation can run the play for you. continuumadvisory.xyz