Marijuana Company Moving Headquarters To Troy

TROY, MI — A Michigan-based marijuana dispensary is moving its headquarters to Troy, the company announced.

Puff Cannabis will open its new headquarters inside a newly renovated 20,000 square foot building at 1017 Naughton Dr., making it the largest cannabis company headquarters in the nation, according to the company.

The building will also have an 8,000-square-foot distribution warehouse for the company’s apparel line and other promotional items, according to the company.

"I decided that I wanted to create an amazing and unique environment for our employees that is unparalleled in the Cannabis Industry," Puff Cannabis President and founder Justin Elias said in a statement. "The space will be a modern and fun environment, keeping up with the Puff lifestyle and feel that you get with each one of our retail stores. The Troy space is centrally located and accessible to major freeways, and this will allow us to conveniently service our 12 Michigan locations with more to come."

Puff Cannabis is projected to make $150 million in 2023, significantly up from the $7.3 million it made during its first year in 2019 when it was founded in Madison Heights, according to the company.

The company also plans to open five to 10 new dispensaries this year. There are current Puff Cannabis dispensaries in Hamtramck, Madison Heights, Utica, River Rouge, Centerline, Bay City, Kalamazoo, Oscoda, Traverse City, New Buffalo and Sturgis.