Owning Michigan marijuana dispensaries in a newly booming market may yield high returns in the years to come. With the recent shift to selling marijuana for not only medicinal use, but recreational use as well, the marijuana business has grown even more. However, a recent ban on vape pens and new
Illinois Cannabusiness: What You Need to Know
The recreational use of marijuana in Illinois has a long, complicated history. In 1931, Illinois banned the use of recreational marijuana, just six years before the national law passed. It was not until 1978 that the state approved the Cannabis Control Act, which legalized the medical use of
Illinois Marijuana Legalization: What You Should Know
Come January 1, 2020, recreational marijuana will become legal in Illinois. Adults age 21 and over will be able to legally purchase marijuana for recreational use from licensed sellers in the state. Under the new law, adults of legal age can buy up to 30 grams, or approximately 1 ounce of marijuana
10 Types Of Insurance You Need for Your Michigan Cannabis Dispensary
Cannabis dispensaries have been popping up across Michigan since recreational sales began on December 1st, 2019. While just a few recreational dispensaries have been licensed and approved so far, many more applicants are looking to gain approval in the upcoming months. If you are a cannabis
Should I Apply for a Michigan Dispensary License?
Before the legalization of cannabis in Michigan, the possession of any amount was a misdemeanor punishable by a $2,000 fine and up to one year of incarceration. However, in November 2008, Michigan voters approved the Michigan Compassionate Care Initiative, resulting in the legalization of medical
What to Know When Opening a Marijuana Dispensary in Illinois
Illinois is no stranger to the marijuana trade. There has been controversy regarding the recreational use of cannabis since the early 20th century. In 1931, during the time of prohibition, Illinois banned the use of cannabis as part of a nationwide trend that affected 29 states. In 1978, Illinois
The Complete Guide To Opening A Dispensary In Michigan
In November 2018, Michigan became the country’s 10th state to legalize the recreational use of marijuana. However, the state’s recreational cannabis program remains under development, meaning commercial sales will not likely begin until early 2020. However, there are also a number of dispensaries
What Does Michigan Cannabis Insurance Cover?
Recreational and medical marijuana is now legal in the state of Michigan. If you are starting a cannabis business, be sure to acquire cannabis insurance in Michigan early on. There are a variety of cannabis insurance products available for your growing cannabis operation. Each product provides a
What Cannabis Insurance Covers in Illinois
The Illinois marijuana market may rival Colorado’s in upcoming years, according to cannabis research firm Brightfield Group. In June 2019, Illinois became the 11st state to legalize the use and sale of recreational marijuana for adults. Medical marijuana is also available to eligible patients and is
