420 with CNW — Lessons That Successful Marijuana Retailers Have Learned
Mike Khemmoro expected the launch of Mango Cannabis’ New Buffalo store in Michigan to follow a familiar playbook. As chief operating officer of the small multistate company, which operates retail locations across four states, he anticipated the usual challenges that come with opening a new dispensary. What he did not expect was a sudden change in state tax policy just days before opening. Michigan’s decision to introduce a 24% wholesale tax starting January 1 forced Khemmoro and his team to rethink their strategy. The market was already crowded with large, established competitors, and prices had been under pressure for years. Opening with limited inventory was not an option, but neither was losing ground on…

















