Ryan Allway January 23rd, 2019 Uncategorized The cannabis industry is projected to generate upwards of $80 billion in revenue by 2022, according to Marijuana Business Daily, driven by the legalization of medical and recreational cannabis across a growing number of states. Investors may want to keep an eye on... Read more
The state of Michigan may soon allow closed medical marijuana dispensaries without a license to reopen. More than half the state’s medical marijuana dispensaries were forced to close earlier this month because of licensing issues. The result of the closures has been a shortage of medical marijuana products. Even... Read more
On Election Day, Michigan voters resoundingly approved Prop 1 to legalize and regulate adult-use marijuana under state law. It’s an exciting time with great possibilities, but what does this mean for the future state of Michigan’s legal cannabis landscape? Join us on Tuesday, January 22, as NCIA’s State Regulations... Read more
Selling marijuana won’t be legal for another year in Michigan, but entrepreneurs are seeing green with a loophole in the new law. Since recreational marijuana became legal Dec. 6, a few have made hundreds, even thousands, of dollars by selling overpriced inexpensive goods such as snacks, T-shirts and chocolates... Read more
Although marijuana is now legal for recreational use across the state of Michigan, there isn’t anywhere for adult cannabis consumers to purchase it. The state must first assemble the regulatory affairs for the new pot market, which, if the predictions are accurate, could set it at early 2020 before... Read more
by Michelle Rutter, NCIA Government Relations Manager As 2018 draws to a close, our Government Relations team in Washington, D.C. is feeling especially thankful this year – both for all of our members, and for all of the strides forward that cannabis policy made this year! Before 2019 begins,... Read more
Reflecting the legalization of marijuana for recreational use, the state department that regulates the pot industry is changing its name. The Bureau of Medical Marijuana Regulation is losing one of its Ms and now is the Bureau of Marijuana Regulation. The department is charged with coming up with the... Read more
December 6, 2018 by AggregatedNews Leave a Comment Legal marijuana has officially come to the Midwest. Under a new measure taking effect Thursday in Michigan, people ages 21 and older in the state can legally possess and use cannabis for recreational purposes. Michigan voters approved the initiative in November... Read more
Licensed medical marijuana dispensaries got a break Wednesday, ending a mini-panic over a shortage of marijuana from licensed growers. A new resolution that will be considered by the Medical Marijuana Licensing Board next week will allow licensed dispensaries to continue to purchase, test and sell marijuana from registered caregivers,... Read more
The official certification of the 2018 election results Monday begins a 10-day clock for legal weed in Michigan. But even though the law doesn’t take effect until Dec. 6, prosecutors in Michigan, including in Macomb and Oakland counties, are beginning to quietly dismiss low-level marijuana criminal charges that will... Read more
