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Federal Industrial Hemp Production Rules Released

2019-11-01T13:28:52-05:00November 1st, 2019|

Early last week, the White House Office of Management and Budget (OMB) approved the United States' Department of Agriculture’s (USDA) legalized industrial hemp production rules. On Oct. 29th, 2019, the USDA established the Domestic Hemp Production Program. What is included in federal hemp rules? The proposal includes provisions for the USDA to approve hemp production [...]

Adult-Use Marijuana Applications Are Now Being Accepted

2019-10-31T15:39:34-05:00October 31st, 2019|

Today on Nov. 1st, 2019, the Marijuana Regulatory Agency (MRA) began accepting adult-use applications for marijuana licensing under the Michigan Regulation and Taxation of Marihuana Act (MRTMA). This was passed by the voters of the state of Michigan in November 2018. Similar to the process for medical marijuana application approval, the MRA will be utilizing [...]

Marijuana Penny Stocks: Are They Worth Investing In?

2019-10-28T08:50:36-05:00October 28th, 2019|

Are you trying to break into the recreational marijuana industry, but also do not want to invest too much capital? Marijuana/cannabis penny stocks (or "pot stock") may be the answer. What are penny stocks? Pot penny stocks, also known as micro-market cap stocks, stocks under $5, etc, are stock-traded common shares of small public companies. [...]

Update on the Michigan Vaping Crisis

2019-12-12T16:21:49-05:00October 23rd, 2019|

Michigan was the first state to issue a ban of flavored vapes in response to reports of lung illness suspected to be caused by vaping. On Sept. 3rd, Governor Gretchen Whitmer executively ordered all flavored nicotine-vape products to be removed from stores.   The ban went into effect in Michigan on Oct. 2nd. Since then, other states [...]

Employee Background Checks for Cannabis Business Licensees

2019-10-15T12:58:09-05:00October 15th, 2019|

On Oct. 9, 2019, the Marijuana Regulatory Agency (MRA) released a bulletin advising all licensees on the hiring process of prospective employees. Can a licensee hire an employee with a felony? All licenses, including adult-use establishment licensees, must conduct background checks on all prospective employees before hiring them according to section 405 of the Medical Marijuana Facilities [...]

Is It Too Late to Get Into the Legal Cannabis Industry?

2019-10-11T10:37:10-05:00October 11th, 2019|

The legal marijuana industry grew to $10.4 billion in 2018 in the United States and employs more than 250,000 people, according to research firm New Frontier Data. With the cannabis industry booming and changing constantly, it may seem overwhelming and deterring if you’re thinking of breaking into the industry. You might ask: is it too late to [...]

MRA Releases Adult-Use Marijuana License Applications

2019-10-03T15:43:17-05:00October 3rd, 2019|

Just today, the Marijuana Regulatory Agency (MRA) released detailed, step-by- step instructions for the adult-use marijuana license applications. These applications will start being accepted by the MRA on Nov. 1st.  We have outlined what you need to know as a prospective adult-use marijuana licensee below: What types of marijuana licenses are available? As a refresher, [...]

MRA Announces Social Equity Program Expansion

2019-10-03T08:38:39-05:00October 3rd, 2019|

On October 2, 2019 the Michigan Regulatory Agency (MRA) announced that the Social Equity Program would be expanding eligibility to those who have been disproportionately impacted by cannabis laws and enforcement. What is the Social Equity Program? The program is designed to encourage participation in the marijuana industry from those in residing in disproportionately impacted [...]

Farm Bill Set to Grow the CBD Industry

2019-10-02T15:08:05-05:00October 2nd, 2019|

With the Farm Bill of 2018 signed into law, the path has been paved to begin using hemp as an industrial crop once again. As part of this act, hemp has been removed from the Schedule I classification of illegal drugs if it contains less than .03% THC. The legalization of the growth of industrial [...]

Preparing to Apply for an Adult-Use Establishment License? There are a Few Things You Should Know

2019-09-26T15:32:16-05:00September 26th, 2019|

November 1st, 2019 is the first day that the Marijuana Regulatory Agency (MRA) starts accepting applications for adult-use establishment licenses. The MRA just released a tip bulletin for licensees, which highlights the requirements or important changes that those companies who have medical facilities licenses must follow. This is in order to pass pre-licensure inspections and [...]

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