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Why is Michigan’s transition to the Legal Commercial Marijuana model struggling & How can it be corrected?
Being a consultant to and student of the Commercial Marijuana industry, Michigan has a market with great operational and revenue potential, while having gaps that can cripple to growth and hard work of applicants, regulators and activists. Four great articles in the past 3 months, have summed up why our transition to the Commercial implementation of Marijuana is still not meeting the mark. An Article from Bridge Magazine on 4/23/19
(https://www.bridgemi.com/public-sector/sea-change-michigan-marijuana-comes-amidst-industry-chaos) highlighted the following key factors harming this new industry:
· Commercially grown and tested licensed Marijuana product that can’t move because of the outlet for unlicensed operators and licensed operators to purchase unlicensed, unregulated and untaxed Caregiver grown products
· Provisioning Centers are still struggling with product availability
· The looseness of both the Rule 19 operators, Caregivers and others taking advantage of the gray areas of the law (commercial business gifting of Marijuana products and illegal delivery services) disadvantages the benefits of becoming a Commercial licensee
· The uncertainty regarding when Michigan will fully become a Commercially regulated only Marijuana market (save personal adult use and Medical Marijuana patients use) disrupts business planning and hurts the…