Michigan Could Be The New Hot Spot For Cannabusinesses By Learning From California
Cannabis business enthusiasts are ecstatic that the adult use of recreational cannabis is legal in Michigan. With this legalization, adults over the age of 21 are allowed to possess and smoke cannabis on private property.
Michigan is officially the first state in the Midwest to allow the adult recreational use of cannabis. Although the state has been working a medical marijuana program since 2008 via the Michigan Medical Marijuana Act, recreational marijuana is opening the state up to new business opportunities, investment, and innovation.
While the state is not going to sell recreational cannabis until the Michigan Department of Licensing and Regulatory Affairs (DLRA) makes decisions regarding the rules and issues licenses, they’re expecting everything to be in order by early 2020.
The state is hoping to learn from California’s mistakes resulting from local, state, and federal meddling with the legalization. Michigan entrepreneurs find themselves preparing for the inevitable boom of the cannabis industry within their state. And as 2020 draws nearer, the state’s entrepreneurs are looking to California’s issues to find solutions, with the idea for a more efficient, more business-friendly regulatory landscape being promoted.