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Michigan News Flash: LARA to Existing Facilities—Close by December 15

USA - September 12 2017 As we have reported on numerous occasions, one of the biggest issues as Michigan moves into a regulated system is how the State will treat license…

The STATES Act, Rooted in Federalism, Would Address Systemic Risk in Cannabis-Related Banking

USA - June 28 2018 For financial institutions interested in banking state-legal marijuana businesses, 2018 has been a rollercoaster…

Richard Y. Cheng, Brenna Elizabeth McGee

IRS Allows Reduction of Gross Receipts For State-Legal Cannabis Businesses

USA - September 15 2020 On Saturday, September 12, 2020, the Internal Revenue Service ("IRS") updated a marijuana industry frequently asked questions ("FAQ") page that…

Nardeen Dalli, Scott Kocienski, Richard Lieberman

Proposed New Michigan Cannabis Rules IV: Sale Or Transfer And Employees

USA - September 23 2021 On Monday, September 27, Michigan’s Marijuana Regulatory Agency will hold a public hearing on draft administrative rules updating all of the State’s…

November 2020 Election Great for Michigan Cannabis

USA - November 5 2020 Although the outcome of the Presidential election remains in doubt nationally, marijuana businesses and advocates won overwhelmingly in Michigan this…