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Tag: cannabusiness

Where to Start a Michigan Recreational Marijuana Business

On December 1, 2019, hundreds of people lined up across Michigan to buy marijuana during the first day of the state’s legal adult-use (“recreational”) sales. It was a massively successful start to legal sales of the recreational...

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Michigan Cannabis License 10 Percent Rule: What to Know

Are you familiar with the Michigan cannabis license 10 percent rule? What about the main cannabis license applicant? A supplemental cannabis license applicant? This article covers these important terms in great detail, as...

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Annual Financial Statements Required by the MRA for FY 2019

UPDATE 3/20/2020: To all of our valued clients, we would like to update you on some very important matters affecting us all. Amid all the craziness and uncertainty surrounding your tax filing obligations, here is what we know...

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Employee Background Checks for Cannabis Business Licensees

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...

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How Do I Get Into the Michigan Cannabis Industry?

The Michigan cannabis industry is booming. One of the most common questions we get is, “how do I start a Michigan cannabis business” This article answers that question and more. The legal marijuana industry is...

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Defining Trade Samples in the Cannabis Industry

Trade samples are a vital part of the cannabis industry and aid in providing a higher quality of product to consumers. The recently released adult-use emergency rules from the Marijuana Regulatory Agency (MRA) contain information...

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Michigan Microbusiness and Licenses: All You Need to Know

Ever since the Michigan Regulation and Taxation of Marihuana Act (MRTMA) passed in November 2018, one of the most talked about opportunities in Michigan’s adult-use market is the microbusiness license. Michigan microbusinesses...

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Identifying and Disclosing your Cannabusiness’ “Managerial Employees”

After obtaining a cannabis business license, maintaining a stellar track record of compliance with the laws and rules is essential​ to your company’s continued success. To achieve this goal, your company must know all...

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