skip to Main Content
Michigan awards first medical marijuana licenses

Michigan awarded its first medical marijuana licenses Thursday, launching what is expected to become a $700-million industry in the state.

But the business owners won’t be able to operate for at least another month.

Licenses were granted for four large grow operations in Chesaning, a dispensary and processor in Ann Arbor and a secure transport company out of Lansing.

But no testing facility licenses were granted, so the actual marijuana and the products produced from the weed can’t yet be tested or sold.

It was the latest delay in what has become a series of impediments to the state’s medical marijuana business. The Legislature passed laws in December 2016 to tax and regulate the market, but getting the rules in place and licenses awarded has been a tedious and slow process.

“We’re excited that we’ve actually approved the first license, so we can move forward,” said Andrew Brisbo, director of the state’s Bureau of Medical Marijuana Regulation. [Read more at Detroit Free Press]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published.

Recent Stories

Crashed Crypto FTX Invested Millions in Cannabis-Courting Moonstone Bank

A November 23 article by New York Times reporter Stephen Gandel raised questions about an investment by bankrupt crypto exchange FTX into Farmington State Bank, a tiny financial institution in…

New York’s Cannabis Retail Dispensary Regulations, Part 2: Security and Surveillance

By  Matthew Schwartz, Attorney at Harris Bricken Welcome to Part 2 in this series on New York’s cannabis retail dispensary regulations, covering security. In Part 1, we covered the rules around…

5 Social Media Marketing Trends Cannabis Companies Should Follow in 2023

Social media advertising may be next to impossible for cannabis companies today, but there are still many social media marketing opportunities for cannabis brands to exploit. A recent report from…

Oklahoma’s next big election will ask voters to legalize recreational marijuana

As the decades-long push to legalize marijuana state-by-state nears the halfway point, Oklahoma could provide an interesting case study when voters decide whether to legalize adult cannabis use in March.…

More Categories

Back To Top
×Close search
Search