If you have been following the news about the cannabis industry, you may have read that there is widespread legalization sweeping the country. However, you may also have read that statistics indicate a disconnect between the people hurt by anti-drug laws and the...
Marijuana Industry
Most banks avoid loans to marijuana businesses
Just about every new business or startup needs financing. It may happen at the beginning of the process to pay for initial costs, or it may be to help organically grow the company to the next level. This financial support may come as a bank loan, but those getting...
Marijuana industry faces a new requirement: Warning labels
Michigan business owners must navigate a thick forest of regulations. Those in the burgeoning marijuana industry, with its legal considerations, often have even more to worry about. That list of regulations is about to get longer. Under a recently enacted law,...
Six weeks into legalization, how are recreational marijuana sales?
As soon as Michigan voters came down in favor of recreational marijuana, entrepreneurs were excited about the industry’s revenue potential. In addition to the much-touted tax benefits for the state, local businesspeople would finally have the opportunity to get in on...
Recreational marijuana businesses are legal, but most cities won’t allow them
When Michigan voters approved the legalization of recreational marijuana businesses, it opened the door for local entrepreneurs looking to take advantage of the expected multibillion-dollar industry. Yet despite the statewide assent, many of Michigan’s municipalities...
Thinking about applying for a recreational marijuana business license?
Michigan has officially entered a new era. As of Nov. 1, 2019, residents can apply for recreational marijuana business licenses, opening the door for pot-related clubs, cannabis events and even microbusinesses. Not that it will be simple. There are a number of...
Where can I use cannabis?
Once the excitement died down about the legalization of marijuana last December in Michigan, people had a lot of questions. With the legalization, there are rules and regulations that residents must follow. As with any new legislation, the initial rules may be vague...
Obtaining a marijuana facility license in Michigan
With recreational marijuana legal in Michigan as of late 2018, confusion still exists as to where and how consumers can purchase cannabis on the open market. License applications for recreational cannabis facilities, such as farms and dispensaries, will be available...
Municipalities tell pot businesses to go elsewhere
Michigan voters approved the legalization of recreational marijuana use on the November 6 ballot. While this makes it legal to possess and smoke in areas where smoking is allowed, many municipalities have quickly moved to tell recreational pot businesses that they...
Put your company on a firm foundation when entering a new industry
There are great opportunities to be had in Michigan’s legal marijuana industry. Whether you’re considering forming a grow operation, a dispensary or a retail establishment, there is plenty of room for growth. That said, there are risks involved in any business...
