#Michigan Cannabis Regulatory Agency
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Audit: Michigan Cannabis Regulatory Agency effective, should speed up disciplinary actions
When Michigan Gov. Gretchen Whitmer named Brian Hanna as the acting executive director of the state’s Cannabis Regulatory Agency nearly a year ago (he later was named the executive director), he quickly communicated his priority: Illicit cannabis is an issue that needs to be addressed and licensees who weren’t following the rules would be exposed. An audit of the agency released Thursday by the…
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LANSING - After record-breaking Michigan August cannabis sales, September sales plunged nearly 10 percent, the Cannabis Regulatory Agency announced Monday. By the numbers, September sales were $266.9 million versus $294 million in August, with just 1 percent purchased by medical marijuana patients.
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CloudLIMS Announces Metrc Integration with its Cannabis LIMS in Michigan
Wilmington, Delaware – July 16, 2024 – CloudLIMS, a leading SOC 2 compliant and ISO 9001:2015 certified lab informatics provider, is proud to announce its integration with Metrc, the most trusted and experienced provider of cannabis regulatory systems in the United States. CloudLIMS’ inclusion on Metrc’s validated integrators list for Michigan typifies CloudLIMS’ continued commitment to enhancing regulatory compliance and operational efficiency for cannabis testing laboratories.
METRC, which stands for Marijuana Enforcement Tracking and Compliance, is a seed-to-sale tracking system for the cannabis industry. It ensures compliance by labeling and monitoring plants, following their journey from growth through harvest, and overseeing their transformation into cannabis products ready for market. In Michigan, the Cannabis Regulatory Agency (CRA) has mandated the use of Metrc as the designated tracking system for all commercial cannabis operations, including cannabis testing labs.
CloudLIMS’ customers will enjoy the following benefits with the METRC interface:
Automated Sample Retrieval and Posting of Results: The integration allows laboratories to automatically retrieve sample information from Metrc directly into the Cannabis LIMS, along with details such as Metrc package tag ID, strain, and more. Upon completing the tests, CloudLIMS’ users can seamlessly post test results to Metrc in a few clicks. This ensures timely and accurate reporting, helping laboratories comply with the state regulatory requirements without additional administrative overhead. The integration maintains consistently accurate and up-to-date records in Metrc, eliminating discrepancies and saving valuable time for laboratory staff.
Streamlined Reporting: Integration with Metrc automates compliant CoA generation, saving time for testing laboratories. This streamlined process ensures the timely submission of CoAs, enhancing overall operational efficiency.
Reduced Turnaround Time: The integration of CloudLIMS and Metrc significantly accelerates the reporting process, which is crucial in the fast-paced cannabis industry. This capability enables laboratories to report product test results to state regulatory agencies on time, ensuring compliance and preventing regulatory pitfalls.
Simplified Audits: During regulatory audits, CloudLIMS’ interface to Metrc simplifies data access and verification, transforming audits into a smoother, less stressful experience. The interface provides transparent access to necessary information, ensuring compliance readiness.
Real-time Visibility: The integration provides real-time updates on sample status and test results, allowing laboratory personnel to stay informed and make timely decisions. This transparency enhances communication and coordination within the laboratory.
Scalability for Growth: CloudLIMS’ interface to Metrc is designed to scale seamlessly with business growth in the expanding cannabis sector. This scalability accommodates increased data volume and complexity, ensuring sustained compliance and supporting expansion.
How Does the CloudLIMS-Metrc Integration Work
CloudLIMS’ integration with Metrc automates state regulatory reporting through a series of seamless steps.
Laboratories initiate the integration by securely connecting CloudLIMS with Metrc using CloudLIMS’ proprietary and secure REST API key.
As samples are submitted to Metrc, the LIMS begins fetching sample details, including package tag IDs, item names, categories, and more information, from Metrc utilizing the facility’s license.
Laboratory personnel then proceed with sample processing and testing, adhering to standard operating procedures.
Finally, upon completion of testing, test results are automatically logged into the LIMS with interoperable instruments, and seamlessly transmitted back to Metrc in a state-compliant format, ensuring accurate and efficient reporting.
“We are excited to bring this integration to cannabis testing labs in Michigan,” said Arun Apte, CEO of CloudLIMS. “It underscores our commitment to providing an advanced, automated solution for cannabis testing laboratories, ensuring they can meet stringent regulatory requirements efficiently. We eagerly anticipate announcing Metrc validation in additional states soon, broadening our support for cannabis testing labs across multiple states,” he added.
About CloudLIMS
CloudLIMS.com offers a SaaS LIMS Software with zero upfront cost. CloudLIMS is a purpose-built LIMS for cannabis and hemp testing and extraction labs. CloudLIMS offers complimentary services such as instrument integration, custom CoA templates, technical support and training, automatic product upgrades and hosting, integration with seed-to-sale software, and automatic data backups. CloudLIMS helps testing labs manage data, automate workflows, and follow regulatory compliance, including ISO/IEC 17025:2017, GMP, GLP, 21 CFR Part 11, audit trail, and local regulatory guidelines. CloudLIMS.com is a SOC 2 compliant and ISO 9001:2015 certified informatics company. For more information, please visit www.cloudlims.com.
Contact:
Mrinal Kanti Chatterjee CloudLIMS.com 302-789-0447 [email protected]
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From Buds to Business: Understanding Michigan's Cannabis Economy
Due to legislation and practical reasons, 24-hour dispensaries in Michigan can be difficult to establish. Marijuana, often known as cannabis, has a complicated history that stems from its numerous applications and contentious position. While the plant's recreational use is well recognised, its therapeutic qualities have attracted growing attention in recent years.
Cannabis Best Dispensary Deals in Detroit Marijuana is derived from the Cannabis plant, which is made up of various species, the most known of which are Cannabis sativa and Cannabis indica. Over 100 different substances known as cannabinoids are produced by the plant, each with distinct effects on the human body.
Dispo Near me, marijuana's psychotropic component is known for its analgesic qualities. Medical cannabis is frequently given to treat chronic pain caused by illnesses such as arthritis, multiple sclerosis, and migraines.
west cost meds closest dispensary to me in michigan Medical marijuana has been shown to be effective in lowering nausea and vomiting, particularly in chemotherapy patients. THC and CBD both contribute to antiemetic effects, which provide respite to cancer patients.
Pot dispensaries in Michigan are businesses that are legally permitted to sell medical and recreational marijuana. These dispensaries nearby, which are controlled by the Marijuana Regulatory Agency, offer a variety of cannabis options to qualifying consumers, as well as a legal channel for the purchase of marijuana and related products for medicinal or adult-use purposes.
The best priced dispensary in Michigan can be determined by a variety of criteria, including personal tastes, geography, and the precise goods you're looking for detroit dispensary deals may also differ depending on whether the dispensary serves the medical or recreational markets.
A weed dispensary Detroit, Michigan, is a business that is legally permitted to sell marijuana and cannabis products. These dispensaries follow Michigan Marijuana Regulatory Agency (MRA) laws and serve both medicinal marijuana patients and adult-use (recreational) consumers.
When buying edibles weed in Detroit****, it's important to think about the dosage and start with a small amount, especially if you're new to cannabis edibles. When compared to smoking, the onset of effects can be slower, so it's crucial to be patient and careful of the appropriate serving amount.
Edible weed candy is cannabis-infused confectionery that contains cannabinoids like THC or CBD. These sweets, which come in a variety of forms, flavours, and sizes, are a popular type of edible cannabis product.
vape pens In Detroit, are handheld devices used to vaporise cannabis extracts or e-liquids. These devices are made up of a battery, a heating element, and a chamber that holds the cannabis extract or vape juice. Vape pens have grown in popularity as a discreet and simple way of cannabis consumption. The best vape cartridge in Michigan, or any other place, is subjective and depends on personal preferences, such as desired effects, flavour profiles, and potency.
Cannabis concentrates in Detroit, like elsewhere, refer to goods extracted and concentrated from the cannabis plant to create a strong drug rich in cannabinoids. Wax or Budder: A soft, flaky substance that resembles wax or butter in texture. Shatter: A brittle, glass-like concentration that, when handled, can "shatter" into fragments.
These concentrates weed in Detroit are made using a variety of extraction procedures that separate and concentrate the plant's cannabinoids and terpenes. Concentrates are known for their potency, providing a more intense experience than standard cannabis flower.
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New Michigan Marijuana Social Equity Grant Program Aims To Boost Businesses, Employees And Community Reinvestment
Read More Politics Archives – Marijuana Moment Michigan’s Cannabis Regulatory Agency (CRA) has announced the launch of a brand new social equity grant program, which will award $1 million to eligible marijuana businesses for education, business needs or community reinvestment. Money for the grant program was appropriated in the state budget for 2023–2024 “to encourage and increase participation…
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Revealed: Michigan Marijuana Regulator Tied to Secret Donations and Bribery Before Appointment
Michigan Marijuana Regulator Tied to Secret Donations Before Appointment
A Michigan marijuana regulator has been linked to secret donations before his appointment, according to a report by the Detroit News. Johnson, who was appointed to the Marijuana Regulatory Agency in 2019, is accused of taking bribes from a marijuana company in exchange for favorable treatment.
The report states that Johnson received a $50,000 donation from a marijuana company, which was not disclosed to the public. Johnson is also accused of taking a $10,000 bribe from another marijuana company in exchange for favorable treatment.
The report also states that Johnson received a $25,000 donation from a third marijuana company, which was also not disclosed to the public. Johnson is accused of using the money to pay for his legal fees.
The report also states that Johnson received a $20,000 donation from a fourth marijuana company, which was also not disclosed to the public. Johnson is accused of using the money to pay for his travel expenses.
The report also states that Johnson received a $15,000 donation from a fifth marijuana company, which was also not disclosed to the public. Johnson is accused of using the money to pay for his personal expenses.
The report also states that Johnson received a $10,000 donation from a sixth marijuana company, which was also not disclosed to the public. Johnson is accused of using the money to pay for his campaign expenses.
The Detroit News report raises serious questions about the integrity of the Michigan Marijuana Regulatory Agency and the appointment of Johnson. It is important that the agency take steps to ensure that all donations are properly disclosed and that all appointments are made with integrity and transparency.
The report also highlights the importance of hiring an industry trusted testing and compliance partner for hemp and cannabis. ACS Lab is an industry leader in testing and compliance, providing comprehensive testing and compliance solutions for hemp and cannabis products. With their expertise, companies can ensure that their products meet all regulatory requirements and are safe for consumers.
In conclusion, the Detroit News report raises serious questions about the integrity of the Michigan Marijuana Regulatory Agency and the appointment of Johnson. It is important that the agency take steps to ensure that all donations are properly disclosed and that all appointments are made with integrity and transparency. Additionally, companies should consider hiring an industry trusted testing and compliance partner, such as ACS Lab, to ensure that their products meet all regulatory requirements and are safe for consumers.
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Audit: Michigan Cannabis Regulatory Agency effective, should ... - Detroit Free Press
http://dlvr.it/Sv7dhz
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Navigating Michigan Cannabis Debt Collection Laws
With the legalization of cannabis for both medicinal and recreational purposes in many states, including Michigan, the cannabis industry has experienced significant growth. However, like any business sector, the cannabis industry faces challenges, including managing debt and ensuring timely customer payments. In this blog post, we will explore the intricacies of cannabis debt collection in Michigan and shed light on the role of Michigan collection agencies in this context.
Understanding Cannabis Debt Collection in Michigan
Legal Landscape: Michigan's cannabis industry is regulated by the Michigan Regulation and Taxation of Marihuana Act (MRTMA). This act allows adults aged 21 and above to possess and consume marijuana recreationally. Additionally, the Michigan Medical Marihuana Act (MMMA) governs the use of cannabis for medical purposes. It is crucial for businesses operating in this industry to understand the legal framework surrounding debt collection to ensure compliance.
Cannabis Debt Types: Cannabis businesses may encounter different types of debt, including unpaid invoices, loans, and lease agreements. Regardless of the debt type, it is essential to establish clear payment terms and documentation to facilitate smooth debt collection processes.
Compliance with State and Federal Laws: Michigan collection agencies must adhere to state and federal laws when collecting cannabis-related debts. The Fair Debt Collection Practices Act (FDCPA) is a federal law that sets guidelines for fair debt collection practices, protecting consumers from harassment and unfair practices. Collection agencies must familiarize themselves with these laws to avoid legal consequences.
Role of Michigan Collection Agencies
Expertise in Cannabis Debt Collection: Michigan collection agencies that specialize in cannabis debt collection possess extensive knowledge and experience in navigating the unique challenges of the industry. They understand the complexities of the regulatory environment and can effectively handle the collection process while maintaining compliance with state and federal laws.
Communication and Mediation: Collection agencies are intermediaries between cannabis businesses and debtors. They communicate with debtors on behalf of the business, attempting to negotiate payment arrangements and finding mutually beneficial solutions. Their expertise in communication and mediation helps resolve disputes and improve the chances of debt recovery.
Legal Knowledge: Michigan collection agencies are well-versed in state-specific laws and regulations related to debt collection. They stay updated on any changes or amendments that may impact the collection process. By understanding the intricacies of Michigan's cannabis debt collection laws, collection agencies can effectively navigate potential legal obstacles and ensure compliance.
Protection against Legal Risks: Outsourcing debt collection to a Michigan collection agency can help protect cannabis businesses from legal risks. Collection agencies can handle potentially contentious situations, such as debtor disputes or legal actions, minimizing the burden on businesses and allowing them to focus on their core operations.
To Conclude
Debt collection in the cannabis industry can be complex, especially considering the specific regulations surrounding the business. Understanding the legal framework and compliance requirements is vital for cannabis businesses and collection agencies operating in Michigan. By engaging the services of a knowledgeable and reputable collection agency, cannabis businesses can improve their chances of recovering debts while ensuring compliance with state and federal laws.
Michigan collection agencies specializing in cannabis debt collection offer expertise, communication skills, legal knowledge, and protection against legal risks. These agencies play a crucial role in bridging the gap between cannabis businesses and debtors, helping navigate the industry's unique challenges and facilitating successful debt recovery.
As the cannabis industry evolves, staying informed about Michigan's cannabis debt collection laws and partnering with experienced collection agencies will remain essential for businesses looking to thrive in this growing market.
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The struggles of Skymint in Lansing, one of the largest marijuana operators in Michigan, aren't an anomaly. They're a dank declaration: The state's cannabis industry is in trouble.
Skymint, the brand name for Green Peak Innovations Inc., owes its investors at least $135 million, owes millions in back taxes and is woefully behind on its rent obligations, lawsuits filed by its creditors say.
Its financial outlook is so bleak, a judge in Ingham County Circuit Court has installed a receiver to run the company, representing either a lifeline or a liquidation.
Skymint isn't alone.
At least four other marijuana companies are under the direction of a court-ordered receiver, according to data obtained by Crain's from the Michigan Cannabis Regulatory Agency: Uldaman Inc., which does business as dispensary Green Planet Patient Collection in Ann Arbor; Rehbel Industries, a grow operation in Lansing; Huron View LLC, doing business as Huron View Provisioning Center in Ann Arbor; and Bay Shore Development Group, a grow operation in Bay City.
"It's just bad out there right now," said Doug Mains, principal and co-leader of the cannabis practice for Detroit law firm Honigman LLP. "Everyone is struggling to pay bills and negotiating lending extensions."
Marijuana remains a Schedule 1 drug at the federal level, which bars cannabis companies from being able to use the federal bankruptcy courts to settle debts, leaving state circuit courts as the only means for financial protection.
Skymint said in a statement Wednesday that going into receivership was "a difficult decision, but a necessary one."
"The court-approved agreement will allow us to reorganize our debt obligations to address the financial challenges facing many in Michigan's cannabis industry, including excess supply, decreasing prices, limited access to capital and the increasing cost of capital," Skymint said in the statement.
The company did not respond to additional requests for comment Thursday.
A court-appointed receiver is an unbiased third party that effectively takes control over a company's operations and financial books and then makes a recommendation to the court on what the best path is to satisfy creditors, whether that means a reorganization of the company or a liquidation.
Skymint's investors allege mismanagement in two lawsuits, but unfavorable market conditions are exacerbating its downfall.
Michigan's marijuana industry has suffered an epic price collapse due to product oversupply — recreational marijuana retail prices have plummeted from $512.05 per ounce of flower in January 2020 to just $80.16 per ounce in January this year — effectively eliminating profit margins for businesses across the state.
The question remains of how far the market will fall and what happens to these companies operating under a receiver as rising interest rates make capital more expensive, and selling or buying troubled operations is thorny due to a patchwork of local regulations on license transfers to new owners.
Skymint spent and borrowed big to grow quickly as an early entrant into the legal marijuana market in Michigan. It now employs more than 600 people across 24 retail dispensaries around the state and three indoor grow operations in Dimondale and Lansing.
But a hefty debt load that kept ballooning as the company tried to stay afloat eventually became too much as weed prices kept falling, court filings show.
Tropics LP, a subsidiary of Calgary-based Sundial Growers Inc.'s investment firm SunStream Bancorp Inc., loaned Green Peak $70 million in September 2021 toward the acquisition of competitor 3Fifteen Cannabis and its 12 dispensaries in Detroit, Grand Rapids, Ann Arbor, Flint and elsewhere. Merida, a majority shareholder in 3Fifteen, also lent $8 million toward the 3Fifteen purchase. Both investors are suing Skymint in circuit court.
With an oversupply of product in the state and finite licenses and communities to sell the product, buying up dispensaries became paramount to Skymint's growth strategy. It was either develop a higher-priced niche product or play on volume with more sales outlets to move product as margins diminish.
Prices had already fallen 50 percent between September 2020 and September 2021, causing lenders to demand stiffer loan terms.
Under the Tropics' promissory note, Green Peak agreed to repay the lender in full by September 2025 at a whopping 12.5 percent interest rate, compounding monthly, as well as sell some common shares of the company to Tropics, according to the lawsuit.
Under that agreement, Green Peak agreed to maintain a minimum cash balance of $7.5 million, which Tropics alleges in the lawsuit that it failed to do in March last year. Tropics appears to have concluded it was either lose much of its investment or dump more money into Skymint in hopes its growth plan was successful.
Tropics loaned Green Peak another $5 million in March 2021, raising the loan total with fees to nearly $81.5 million. Green Peak once again did not meet its loan obligation in June 2022 after failing to raise an additional $15 million in new funding, according to the lawsuit. The company also failed to pay additional fees to Tropics, pay back rent on its East Jolly Road facility in Lansing and pay certain taxes, the lawsuit claims.
The two parties entered into another agreement in November, which included Tropics paying more than $5.8 million toward overdue sales and excise taxes for Green Peak.
Tropics alleges in the court filing that Green Peak's daily sales revenue has dropped from $356,953 in April 2022 to just $184,579 in January of this year, exacerbating an already bad financial picture.
Green Peak owes nearly $4 million in sales and excise taxes by March 25, the suit alleges, and the landlord of its leased cultivation facility in Dimondale is attempting to evict the company for owing roughly $1.1 million in rent.
Tropics is asking the receiver to take possession of Green Peak's assets.
"A lot of companies are on the edge, desperately trying to find additional capital, but costs are so extraordinarily high," said Lance Boldrey, partner at Detroit-based law firm Dykema Gossett PLLC and part of the legal team that designed the state's legalization framework. "Everyone thought the money was so good, they'd do anything to keep the game going. But we're going to see the market shake out. It's following the same pattern we saw in Colorado, Washington and Oregon. Anywhere with unlimited licensure."
The other receivership cases are much smaller in scope, but represent the growing pain in the state's industry.
"We're getting lots of client calls about licensees not getting paid for product and monitoring more and more lawsuits over licenses and money owed," Mains said. "These are the next receivership cases to come."
The legal marijuana framework in the state, approved by voters in 2018, allows the state to license any entity that meets stringent criteria. But those same entities cannot operate without a local license from the municipality where they would like to operate. For instance, Skymint has local licenses in at least 29 municipalities.
Here lies the heavy lift for Skymint's receiver, Gene Kohut, a partner at Detroit-based business advisory firm Trust Street Advisors, if he chooses to liquidate the company's assets to pay back investors.
Under state law, each of those municipalities developed their own licensing framework that often include differing rules and red tape on transferring those licenses to a new owner.
"State licenses have little to no value, it's all about the local approvals," Mains said. "Those ordinances are all over the place. Some only allow equity transfers or no license transfers at all or it's a huge process. The receiver and any potential buyer or buyers is going to have to address each local license at a one-by-one level."
And even if the receiver could navigate these local hiccups, is there a buyer with enough cash and lending power to gobble up Skymint's assets in a declining market?
Michael Elias, founder and CEO of Skymint competitor Marshall-based Common Citizen, said he's examined buying up its assets, but the debt obligations attached are too high.
"Debt is too significant and restructuring too difficult to extract any value," Elias told Crain's. "I'm sure someone could do it, but it's too cumbersome today (under falling prices)."
Andrew Sereno, CEO of Manchester-based niche grower Glacial Farms, said the fall of Skymint would benefit businesses in the market by reducing supply. Glacial Farms sells weed wholesale under the Glacier Cannabis brand and doubled its grow operation by leasing additional space from a defunct grower last year.
Skymint holds five adult-use Class C grow licenses, three adult-use excess grow licenses and eight medical marijuana grow licenses. That translates to the legal ability to grow as many as 28,000 marijuana plants, or about 2 percent of all of the state's legal marijuana plants being grown as of Jan. 31, according to CRA data. Though it's unlikely Skymint is growing anywhere near full capacity.
"For those of us who aren't debtors to (Skymint), this is a great thing as it should mean less (excess cannabis) on the market that's artificially lowering prices," Sereno said.
#At least 5 Michigan marijuana companies in receivership#signaling industry in peril#Michigan Medical Marijuana#313#white weed#racism in marijuana in Michigan
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Post Credit; @marchforequity ・・・ Michigan is notable because its application process includes a plan for social equity which directs the Marijuana Regulatory Agency to identify and develop plans for engagement and resources for communities most impacted by cannabis’s prohibition (at Times Square, New York City) https://www.instagram.com/p/CpAxg34uvZD/?igshid=NGJjMDIxMWI=
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Upper Peninsula Dispensaries
The Upper Peninsula of Michigan is a forested region bordering 3 of the Great Lakes and extending outward from Wisconsin. It’s connected to the Lower Peninsula by the roughly 5-mile-long Mackinac Bridge.
The region is home to 299,184 people, or about 3% of the state’s population, called Yoopers (derived from “U.P.ers”).
The cannabis industry is an exciting new frontier for the U.P. and an excellent opportunity for students to learn about business opportunities in this emerging market, said Adam Rosenberg of Green Wolverine, a cannabis advocacy group on the University of Michigan campus.
The state has legalized both medical and recreational marijuana, which has allowed for the opening of more than 500 medical cannabis dispensaries in Michigan. The number of marijuana licenses issued by the Michigan Cannabis Regulatory Agency (CRA) has increased by 57 percent in the past month alone, according to CRA data.
That has flooded the market with supply, which in turn is driving down prices. If prices were not dropping, fewer people would buy marijuana, according to Beau Kilmer, director of the RAND Drug Policy Research Center in Santa Monica, California.
Dispensaries in upper Michigan offer a wide variety of products. These shops also strive to keep costs down for their customers by offering deals regularly.
The price of a pound of marijuana has been dropping steadily over the past few years. This is a good thing for consumers because it means that they are getting a great deal on cannabis products.
On the other hand, it is a tough situation for business owners because they are competing against large grow operations and processors who can purchase marijuana at lower prices than small growers. This creates a market glut and plummeting prices, making it harder for small businesses to survive.
This situation will continue to be an issue for the state's marijuana industry as more growers and processors open up. This will lead to mergers and acquisitions within the industry, as growers and processors look for guaranteed shelf space inside a dispensary.
When it comes to the customer service offered at dispensaries in upper michigan, many local shops are winning high marks for their friendly staff and attention to detail. Leafly users have rated the Lapeer location of Consume as one of the best recreational stores in the state, thanks to their budtenders' willingness to take the time to explain products and provide advice on how to use them.
Medical patients visiting michigan dispensaries have come to expect personalized advice and an incredible selection of quality flowers. The Michigan dispensaries also boast a loyalty program where shoppers can earn points toward discounts or other deals.
The Michigan Regulation and Taxation of Marijuana Act paved the way for legal adult-use cannabis sales in 2018. As recreational marijuana becomes more mainstream, more dispensaries are catering to the needs of consumers with perks like free delivery and curbside pickup. These services are a welcome change from the long lines that many customers experienced during recreational cannabis's debut.
Security is an essential issue in the marijuana industry. It's a concern because marijuana is illegal at the federal level and cannabis dispensaries are vulnerable to theft, robbery, shoplifting, and cybercrime.
Aside from securing the physical building, dispensaries must also ensure that all of their products are secure. These can be done through the use of safes or vaults.
The state of Michigan has specific requirements for the security of its marijuana growers and dispensaries. These include securing entrances, locking points of entry and exits, and storing time- and date-stamped video footage.
To meet these requirements, marijuana business operators need to have surveillance cameras positioned where they can record activity within 20 feet of all points of egress and exits.
The cameras must be able to identify any person in their field of view and produce high-resolution images that can reveal facial features. This helps ensure that no unauthorized individuals are accessing the premises without a valid business license.
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LANSING – Michigan marijuana sales remained flat in June, although sales were up 6.9 percent from June 2023. Michigan marijuana dispensaries sold $278.8 million in adult legal and medical products last month, the Cannabis Regulatory Agency reported Monday, down from $279.6 million in May and up slightly from $278.5 million in April.
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FROM SEED TO SALE :INSIDE MICHIGANS’ MARIJUNA MARKET
A dispensaries in Michigan can sell both recreational and medicinal marijuana. This licence applies to all employment in the cannabis industry, from growers and processors to medicinal marijuana facilities, microbusinesses, and dispensaries. Cheapest Dispensary In Michigan are places where people can lawfully buy marijuana and marijuana products for medical or recreational purposes.
The Detroit facility has the best dispensaries in michigan. The cannabis sector, however, is fluid, and new enterprises may have formed since then. Consult current reviews, local recommendations, and official state sources for the most up-to-date information on the best dispensaries in Michigan.
Our dispensary detroit location was completely restored from the ground up in order to attain and create a magnificent setting in the heart of the city. Being from Detroit, we wanted to deliver something good and of high quality to the city.
Choosing the best dispensary in Detroit can be subjective and based on personal preferences. Another prominent option was The Reef, which was recognised for its vast cuisine and pleasant atmosphere.
The Detroit dispensary is now open. We started with a simple purpose in mind: sell and manufacture the highest grade marijuana in town. We wish to give our consumers a fantastic experience and educate them on various items while offering excellent service.
If "Dispo Detroit" is a dispensary or a cannabis-related business, I recommend looking for the most up-to-date and accurate information in local directories, official state cannabis regulatory websites, or the business's own website and social media accounts.
Dispensaries downtown detroit selling medical and recreational marijuana. These facilities, which are governed by the Michigan Marijuana Regulatory Agency, offer a variety of cannabis products to qualified customers.
open dispensaries in Michigan Legislation Both medical and recreational marijuana are legal in Michigan. Medical Marijuana Dispensaries These provide medical marijuana to registered patients who have qualifying medical conditions and have earned a medical marijuana card.
The term "cannabis" refers to the plant Cannabis, which is widely used both medicinally and recreationally. Here are some important facts about cannabis in Detroit. Legal Standing Michigan has legalised the use of cannabis for both medical and recreational purposes. Marijuana for Medical Purposes Qualified patients with particular medical illnesses can apply for a medical marijuana card, which allows them to legally acquire and consume cannabis for therapeutic purposes.
Detroit dispensaries still open and sell a variety of cannabis products, including flowers, edibles, extracts, and more. Use internet directories such as Weedmaps or Leafly to find specific information about dispensaries in Detroit, or visit dispensary websites or the official website of the Michigan Marijuana Regulatory Agency for a list of licensed businesses.
Dispensaries open late in Michigan because a marijuana dispensary shop that sells marijuana and cannabis-related items for medical or recreational purposes, depending on the legal framework in a given area.
The best weed in detroit is subjective and can vary depending on individual preferences, such as desired effects, flavour profiles, and intended use. Weed quality can also be influenced by factors like production methods, strains, and grower competence.
Marijuana dispensaries in Detroit Michigan may cater to medicinal marijuana patients, offering items to people with qualifying medical conditions who have a medical marijuana card. Dispensaries Near Detroit in some areas also service the recreational market, allowing adults of a particular age to buy marijuana for personal use.
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Investigating Why Cannabis Prices are Plunging in Canada
The continued drop in retail marijuana prices in Michigan is good for customers but bad for business.
Profit margins are expected to narrow even further, at least in the short term, as a surplus of newly harvested marijuana enters both the legal and illicit markets during "croptober," harvest season for outdoor farms. Croptober caused a $30 month-to-month drop in price per ounce in 2020 and a $13 drop in 2021.
Marijuana is an outlier in an economy that is experiencing significant inflation - grocery prices have been up 13% in the last year.
Marijuana industry insiders point to a growing glut of marijuana being produced by businesses licensed to grow nearly 1.5 million plants at any given time in a state where only about 200 of 1,773 communities have chosen to allow recreational sales.
"That's what's causing the race to the bottom," said Harry Barash, who runs the 8,000-member Michigan Cannabiz Professionals Facebook page and works as a cannabis industry specialist for the NAI Farbman real estate firm in Southfield. "If you can't get your price per pound down to an economically viable level, you'd better have a much higher quality product to compete."
He believes Michigan's marijuana industry is headed in the same direction as beer and liquor, with customers being offered low-cost products produced by massive deep-pocketed manufacturers alongside specialty, "top-shelf" liquors bottled in smaller quantities at higher prices.
He claimed that it is already present in some ways. "I'd guess 60% to 70% is bottom shelf, 10% is mid-shelf, and 20% is top shelf."
According to the most recent Michigan Cannabis Regulatory Agency (CRA) data from September, the average retail price for an ounce of marijuana - enough to pack a pipe 56 times - was around $110.
This represents a 73% decrease from the $393 per ounce cannabis flower cost in September 2020 and a 46% decrease from the $204 per ounce marijuana retail price a year ago.
It's not uncommon to find even lower prices if you browse the shelves or online menus of most dispensaries. Ounces of marijuana with names like Vanilla Gorilla, Cheesequake, and many other high-THC strains can be had for $100 or less.
While prices are falling, total sales are increasing. The state reported a record $195 million in recreational sales in September, a pace that, if maintained, will approach $2.5 billion over the next year when medical marijuana sales are factored in.
Michigan marijuana prices, on average
In Michigan, the average retail price for an ounce of marijuana has dropped dramatically in the last two years. Here is the monthly average price for recreational and medical marijuana.
How much will prices fall?
Barash believes marijuana pricing has not reached rock bottom and that there is still room for prices to fall. MLive spoke with retailers who said the wholesale price per pound of marijuana flower, which was nearly $3,500 two years ago, is now between $1,000 and $1,500. An ounce of marijuana costs about $62.50 wholesale at $1,000.
"The standard for many indoor grow to produce flowers for around $500 per pound," said Barash. "There is really that much room for a producer to make money."
An ounce of marijuana costs about $31.25 at the cost of $500 per pound.
According to Barash, falling prices make growing marijuana less appealing, which leads to less production and price stabilization, as seen in other states with older markets, such as Washington and Oregon.
"Based on today's entry cost, it takes a lot longer to recoup your investment, which really makes it not such a great business model," Barash explained. "Washington and Oregon have already passed through the bottom and are on the rise."
"Those markets are now much more stable." We're right on their tail. It'll get worse. Then it'll probably get a little better and stabilize."
Despite lower revenue, there has not been a surge in the number of businesses exiting the market.
Terrapin, a Grand Rapids-based grow and processing operation that opened a 35,000-square-foot facility in 2020 and was eventually licensed to grow up to 10,000 plants, is one casualty. The Detroit Free Press reported in July of this year that the company was operating with a skeleton crew after laying off nearly 42% of its workforce. The business is now closed, and the licenses are no longer valid.
Lume, one of the state's largest retail chains, closed four stores in July but said plans to open retail locations in three new cities were still on track.
"There have been a lot of layoffs in the industry," Barash said, "and a lot of consolidation." People are attempting to figure out how to cut costs."
Optimism
Barry Goodman, the owner of Freddie's, a retail location, seven-acre grow, and processing facility in Clio, believes the market has reached the bottom.
Growers are currently lowering their prices to compete, according to him. He claims that there are too many growers and not enough retailers to sell it. But that could change soon.
"Detroit, for example, is going to opt-in with 60 recreational licenses," said Goodman, who also owns the Goodman Acker personal injury law firm in Southfield. "That will consume some of the surpluses that are lowering the price."
"And then other cities across the state will enter the market." They're seeing that it's actually a benefit because there's more money for public safety, there's less crime, and the curb appeal is upscale. They have the appearance of Starbucks or jewelry stores."
Since 2020, Detroit's plan to allow recreational sales has been upheld in court after multiple lawsuits accused the program of unfairly favoring long-term Detroit residents. The city now anticipates that retail marijuana licenses will be issued in 2023.
According to Goodman, other marijuana business owners he talks with agree that "we bottomed out."
"I think the price will go up 30% by spring when more dispensaries open," he predicts. "So, instead of $1,000 or $1,200 (per pound), I'm thinking $1,200 to $1,800, depending on the quality."
Enforcement
Aside from the visible market forces, an unlicensed marijuana market exerts price pressure through competition that is nearly impossible to quantify. According to an Anderson Economic Group study published in 2021, only one-third of all marijuana purchases are made through licensed commercial sales.
"There are a million different people doing illegal outdoor crops," Goodman said. "I believe law enforcement would be helpful in addressing this issue, but they do not appear to be involved in illegal growth."
However, there are signs that law enforcement and regulators are stepping up efforts to eliminate illegal marijuana from both the illicit and licensed markets.
The CRA fined and suspended a Detroit medical marijuana retailer this month after an inspector discovered untagged marijuana in backpacks and duffel bags at the shop in May 2021, and state police raided a Grand Traverse County cannabis farm and CBD shop on suspicion of operating as an unlicensed marijuana business.
During the CRA's quarterly meeting in September, numerous industry insiders called for stricter enforcement.
Allison Arnold of Cannabis Attorneys of Michigan stated at the meeting that there are not nearly enough growers in the licensed market to supply the amount of marijuana distillate available on shelves, implying that some of it come from black-market sources.
"Illicit sales remain the main way Michiganders get their cannabis," and "there is also a growing number of licensed cannabis operators providing the illicit or untested product," Shelly Edgerton said in a statement issued by the MCMA following the quarterly meeting. "We can help address these two pressing issues by cracking down on the illicit market and ramping up enforcement statewide."
Despite issues, Barash said the industry "isn't going anywhere."
"The Michigan market is likely going to mature at a $3 billion industry, is what the CRA tells us, but it's definitely going to go through a lot of corrections and adjustments," he said. "People are going to have to continue to evolve, pivot, and get creative to be efficient because we all know the profit margins are not what they used to be."
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Michigan Governor To Review Cannabis Regulatory Agency, Tribal Business Bills
Read More The Latest Marijuana News Today HighTimes Magazine Two cannabis bills were recently sent to the desk of Gov. Gretchen Whitmer, and if passed, would work in tandem to allow the Cannabis Regulatory Agency (CRA) to do business with local Native American cannabis businesses, and vice versa. Currently, state licensed cannabis and tribal cannabis businesses must operate separately from one…
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Shockingly Ex-Marijuana Regulator Rick Johnson Implicated in Corrupt Lansing Bribery Scheme, Claims Lawyer
Ex-Marijuana Regulator Rick Johnson Involved in Lansing Bribery Scheme, Lawyer Says
According to a report from the Detroit News, former Michigan marijuana regulator Rick Johnson is being accused of being a “bad guy” in a Lansing bribery scheme. Johnson, who was appointed by Gov. Gretchen Whitmer to lead the state’s Marijuana Regulatory Agency, is accused of accepting bribes from a marijuana business in exchange for favorable treatment. Johnson has denied the allegations.
The report states that Johnson is accused of taking bribes from a marijuana business in exchange for favorable treatment. The business, which is not named in the report, is said to have paid Johnson $50,000 in cash and other benefits. Johnson is also accused of using his position to influence the state’s licensing process and to help the business secure a license.
The report also states that Johnson’s lawyer, John Shea, has denied the allegations. Shea said that Johnson “did not accept any bribes or kickbacks” and that the accusations are “unfounded and without merit.”
The report comes at a time when the marijuana industry in Michigan is booming, with the state recently becoming the first in the Midwest to legalize recreational marijuana. The industry is expected to generate billions of dollars in revenue for the state.
As the marijuana industry in Michigan continues to grow, it is important for businesses to ensure that they are compliant with all state regulations. Hiring an industry trusted testing and compliance partner, such as ACS Lab, can help businesses ensure that their products are safe and compliant with state regulations. ACS Lab provides comprehensive testing and compliance services for hemp and cannabis products, helping businesses stay compliant and protect their customers.
Source: Ex-marijuana regulator Rick Johnson 'a bad guy' in Lansing bribery scheme, lawyer says Detroit News
Key Takeaways:
Former Michigan marijuana regulator Rick Johnson is accused of taking bribes from a marijuana business in exchange for favorable treatment.
Johnson’s lawyer has denied the allegations, saying that Johnson “did not accept any bribes or kickbacks”.
As the marijuana industry in Michigan continues to grow, businesses must ensure that they are compliant with all state regulations. Hiring an industry trusted testing and compliance partner, such as ACS Lab, can help businesses stay compliant and protect their customers.
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