The market for high-CBD hemp is booming, with certain farmers netting tens of thousands of dollars per acre for high-CBD hemp. In the U.S., much of the country’s hemp is being grown for the CBD or related markets, though cultivating high-CBD hemp outdoors can be a high risk / high...

With the passage of the 2018 Farm Bill and the legalization of the commercial hemp market in the United States, you would think that transporting commercial hemp and hemp derived products between states would be a non-issue. This is especially true since the 2018 Farm Bill actually contains a provision...

One of the major hurdles for Michigan cannabis business owners is finding financing for their medical and recreational marijuana projects. Due to the fact that marijuana is considered a controlled substance under the Controlled Substances Act, traditional bank and credit union financing is not available to plant-touching cannabis businesses. While...

Recent polling data shows that Americans and Canadians alike are incredibly concerned about the safety of their medical and recreational marijuana purchases. With local news articles highlighting any crime that occurs at or near any cannabis businesses, and the slew of recalls announced on a near-weekly basis by Michigan’s licensing...

In November, Michigan voters approved a proposal to legalize recreational marijuana called the Michigan Regulation and Taxation of Marihuana Act, or the MRTMA. However, the state has yet to create the laws and infrastructure to allow businesses to sell recreational Cannabis in Michigan. It will likely take at least several...

After deciding to start a Michigan Cannabis business, one of the crucial next steps is choosing the right corporate structure for your business. To make this decision, it’s important to consider your business strategy, the complexity of creating and maintaining a particular corporate structure, and the tax implications of that...

As one of his final moves in office, former Governor Rick Snyder signed a bill that amended sections of the MMFLA. The amendments were signed on December 28th and took effect on January 1st. The Senate Bills 1262 and 1263 effect specifically the application process of the MMFLA. In as...

If you are looking to enter the Michigan cannabis industry, the first step will likely be to apply for a medical marijuana license. Except for microbusiness licenses and 100 plants recreational marijuana grow licenses, all Michigan recreational cannabis licenses first require that you obtain a Michigan medical marijuana license first....

LARA recently released new guidelines for safety and compliance testing of marijuana and marijuana infused products. The first thing that jumped off the page in our reading is LARA’s designating this document as a living document. This means that these guidelines can, and likely will, be updated by LARA as...

“Where can I put my money?” is one of the most prevalent questions in the cannabis industry. As licensed cannabis business attorneys our clients ask us this all the time. In the past several institutions, primarily credit unions, had a “don’t ask, don’t tell” approach to accepting money from the...