Michigan Cannabis Industry Association

Grasshopper Farms is hosting an Open House at their farm in Paw Paw, MI on Saturday, August 10th! Attend the Open House for a tour of their 160-acre farm, get a behind-the-scenes look at farm operations, and meet the team! Find full details about the event here: https://lnkd.in/efQtUiDr

The Biden administration’s proposal to reclassify marijuana elicited nearly 43,000 public comments before the deadline, and the vast majority expressed support. In fact, most commenters said marijuana should be removed from the CSA completely instead of just being rescheduled. According to one report from industry analytics firm Headset, approximately 35 percent of comments submitted to the Drug Enforcement Administration (DEA) by Monday’s deadline agreed with the Biden administration plan for marijuana to be rescheduled. But most—57 percent—said cannabis should be entirely descheduled. The group said turnout during the public comment period, which began in May and ended on Monday, “has shattered previous DEA records, surpassing even the highly contentious 2020 telemedicine rules that garnered approximately 38,000 comments.” Read more: https://lnkd.in/e-pUPSQY

More than 3 in 4 New York State medical marijuana patients say cannabis has allowed them to reduce their intake of prescription drugs, according to a new report from the state’s Office of Cannabis Management (OCM). That includes 2 in 3 (66 percent) who report that marijuana has specifically “reduced their need for prescription opioids for pain reduction.” The report concludes that participants are generally satisfied with how things have been going. Among patients, 79 percent said they intended to renew their certifications after they expire, while 86 percent said they’d recommend New York’s medical cannabis program to a friend or family member. Read more: https://lnkd.in/ejHs3Tq6

LeafLink has released a new guide designed to give retailers an understanding of the key factors that contribute to a successful retail operation. LeafLink's FREE guide unlocks the secrets to building loyalty & boosting sales! Download yours today & watch your business flourish! Download your guide here: https://lnkd.in/eeJ_22ia #cannabisretail #customerloyalty

Not all cannabis business industry associations are created equal. The Michigan Cannabis Industry Association is one of the best ones out there. And their Annual Event for its members reflects it. Thus we are happy to sponsor and attend this event each year. We are sending our team members Raymond Guns, CPA and Joel R. Mueller, CMA Please stop them and say hello if you have any questions on Capital Raise, Accounting or CFO services. Or if you are a CPA or CFO for 1 cannabis company and want to learn how we serve 3-5 cannabis companies at a time reach out.

Though sales have slowed over past months, Michigan has had the second most cannabis sales in the first half of 2024. California continues to be the state to beat, having racked up more than $2 billion in legal cannabis sales during the first half of 2024. Comparatively, Michigan recorded $1.6 billion in legal cannabis sales in the same time period. While California may dominate the total legal sales category, Michigan far outstrips it on a per capita basis. In the first six months, California only registered a per capita sales for its 21+ population of $74.90; Michigan, on the other hand, reported a per capita figure of $233.97 for the same cohort. Read more: https://lnkd.in/e7GGGwNA

U.S. Senator Gary Peters (D-Michigan) introduced legislation to limit federal agencies from using past consumption of marijuana as a factor in hiring or achieving security clearances. The bill is called the Dismantling Outdated Obstacles and Barriers to Individual Employment Act of 2024 - The DOOBIE Act. The proposed legislation states that agencies “may not base a suitability determination with respect to an individual solely on the past use of marijuana by the individual.” The bill would also require the Director of National Intelligence to update policies around cannabis and assist other federal agencies in enacting hiring and security clearance protocols that ignore past marijuana consumption as a factor. Read more: https://lnkd.in/eQae8-qz

A new report sheds light on the effects of federal drug prohibition on immigrants to the United States, showing that thousands of people are deported annually for drug offenses “that in many cases no longer exist under state laws." The report from Human Rights Watch (HRW) and the Drug Policy Alliance (DPA) found that between 2002 - 2020, half a million people whose most serious offense was a drug charge were expelled from the U.S. Of those, the analysis shows that at least 156,000 peoples’ most serious charges was for simple drug use or possession, including more than 47,000 people for marijuana use or possession. Read more: https://lnkd.in/eha6anrE

A new analysis of violence between intimate partners concludes that legalizing marijuana for adult use “results in a substantial decrease in rates of intimate partner violence.” The finding also indicate that recreational cannabis legalization “substantially impacts the relationship between heavy drinking” and intimate partner violence (IPV), possibly as the result of people substituting marijuana for alcohol. The analysis found that “legalization of recreational marijuana results in 56.6 fewer reported incidents of IPV per 100,000 people.” Read more: https://lnkd.in/eYYwFhzt

The National Institute of Standards and Technology's Cannabis Quality Assurance Program (CannaQAP) released a report which focuses on determining cannabinoid content in plant material samples, following earlier reports on moisture content and certain toxins and heavy metals. This new report is part of a project designed to help testing laboratories ensure accuracy and precision in testing cannabis products. Among the top-level findings was the importance of calibration. Testing was most reliable when the level of a substance being tested for fell near the middle of the calibration curve; lower levels were less accurate, while higher amounts required dilution. Read more: https://lnkd.in/gFVEzjNM