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MICHIGAN TO CRACK DOWN ON UNLICENSED CANNABIS FACILITIES

The state of Michigan has required that all provisioning centers must buy from cannabis licensed facilities with fully tested product in an attempt to switch to regulated product as the main source of the market. Lawmakers and “mega growers” state that unlicensed facilities are operating at a competitive advantage over licensed facilities who have endured the financial and regulatory processes to have their product tested and approved. The Marijuana Regulatory Agency has been formed to settle the issue and regulate the industry. As the state attempts to manage a previously unregulated industry there will be frequent new developments and law changes. Let us help you navigate through the changes, from cannabis accounting and tax to cannabis licenses and regulations.

 

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