Adult-use Marijuana Applications & Medical Marijuana Licensing Update – 6/24-6/28/2019

Marijuana Licensing Update 6/24/19-6/28/19

22 Applicants approved for prequalification 0 Applicants denied prequalification 6 Applicants garanted a State Operating License 0 Applicants denied a State Operating License The Marijuana Regulatory Agency posted the emergency rules and a projected application application date for adult-use Congratulations to the new licensed and prequalified businesses! Prequalifications 1. Ramolli Transport, LLC – Prequalification Approval 6/24/19 […]

Weekly Michigan Marijuana Licensing Update – 6/17/19-6/21/19

Weekly Marijuana Licensing Update

36 applicants granted prequalification 6 applicants denied prequalification 2 applicants granted a State Operating License 1 applicant denied a State Operating License 1 facility ownership change Congratulations to the new prequalified applicants and Michigan’s most recently state-licensed marijuana facilities! Prequalifications 1. Canna-Corp, Inc. – Prequalification Denial 6/10/19 a. Section 402(2)(a) – The Applicant did not submit a complete […]

What is a Vertically Integrated Facility and Why does it Matter?

Cultivation + Processing + Provisioning Center = Vertical Integration Vertically integrating allows for increased profit margins but may have a higher overhead cost State and local regulations will affect your vertical integration options Owning a facility that can be used for a vertically integrated facility can be very lucrative. Whether you’re looking to buy or […]