regulatory compliance

What is the 10% Rule for Michigan Cannabis Licenses? 

2019-11-14T10:56:44-05:00November 13th, 2019|

All Michigan cannabis licenses start with a prequalification application. Prequalification is the State of Michigan’s background check process for entities and individuals hoping to own and operate marijuana establishments. Prequalification involves a significant audit and review of the applicant entities financial and operational history, as well as a review of all significant stakeholders and their [...]

Annual Financial Statements Required by the MRA for FY 2019

2019-11-11T09:14:05-05:00November 11th, 2019|

The Michigan Marijuana Regulatory Agency (MRA) recently issued a bulletin to announce what's required in the annual financial statements for fiscal year 2019, pursuant to Section 701 of the Medical Marihuana Facilities Licensing Act (MMFLA). This much anticipated guidance outlines the financial reporting requirement for licensees.  Per the MRA bulletin, requirements for the annual financial [...]

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 [...]

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 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 [...]

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 [...]

How to Renew Your Medical Marijuana Facility License

2019-09-17T14:40:35-05:00September 17th, 2019|

Once your facility is up and running, it is important to note that your entity’s medical marijuana state operating license is due for renewal 1 year after licensure approval.  It is critical to your facility’s success to keep track of renewal dates, renewal requirements, and compliance regulations. This is to ensure that your facility does [...]

Health Concerns about Black Market Cannabis

2019-09-09T13:30:25-05:00September 9th, 2019|

On Wednesday, Gov. Whitmer signed an executive order that bans the online and retail sales of flavored tobacco vapes. This decision to prohibit all flavored nicotine vape juice was based on the health and safety of Michigan children. While marijuana vapes are still legal for medical and adult-use consumption, the law can only go so [...]

Register for Our Marijuana Event

2019-09-17T09:00:55-05:00August 26th, 2019|

Are you, or are you about to be, a marijuana facility license holder in the State of Michigan? If so, you should be interested in information and advice about how to maximize your cannabis business’ potential success. The ‘Cultivating A Successful Cannabusiness’ seminar, presented by Cannabis Legal Group, is for cannabis business licensees and especially those whom [...]

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