The landscape of Michigan's economy is undergoing significant changes, particularly in two key sectors: the cannabis industry and the automotive sector. Since 2019, the legal cannabis market has surged past the $10 billion mark, marking a pivotal moment for this burgeoning field. Meanwhile, the Detroit Auto Show, an iconic event in the automotive world, is also adapting to new challenges and opportunities. This article explores the future prospects of both industries through discussions with industry leaders and experts.

In a recent episode of CBS Detroit’s Michigan Matters, Brian Hanna, Director of the Michigan Cannabis Regulatory Agency, Mike Brennan, Editor of Four20 Post, and Gus Rosania, Professor of Pharmaceutical Sciences at the University of Michigan, delved into the complexities surrounding the cannabis sector. The conversation highlighted the rapid growth of the industry, which has faced increasing competition from neighboring states like Ohio, where cannabis sales have recently been legalized. Brennan emphasized the potential for Michigan's tourism industry to benefit from this trend, as more visitors may be drawn to the state for cannabis-related activities.

Meanwhile, the automotive industry in Michigan is witnessing its own transformation. Sam Klemet, the newly appointed Executive Director of the Detroit Auto Dealers Association, discussed the recent 2025 Detroit Auto Show and the plans for the upcoming 2026 event. With automakers shifting their focus and auto shows evolving globally, Klemet outlined the strategies being implemented to keep the Detroit Auto Show relevant and exciting. Rod Alberts, who previously held the position for over three decades, completed his tenure with the successful conclusion of the 2025 show.

As these industries continue to evolve, both the cannabis sector and the automotive world are navigating a complex path forward. The cannabis industry must address pricing pressures and competition, while the Detroit Auto Show seeks to remain a premier platform for showcasing automotive innovation. Both sectors are poised for further development, with experts and leaders actively shaping their futures.