After obtaining a cannabis business license, maintaining a stellar track record of compliance with the laws and rules is essential​ to your company’s continued success. To achieve this goal, your company must know all applicable regulatory requirements. This is to ensure that the business stays above board and does not incur fines, sanctions, or worse…
Operating agreements​, ​bylaws​, corporate books and meeting minutes. These are the basic documents when people think of “corporate governance.” After all, they define the structure of the company and how the business governs itself. However, in today’s economy, corporate governance needs to extend beyond just the documents. Corporate governance is not just ​how y​our board…
As a dominant crop in the colonial times, hemp is a renewable resource that refines into textiles, paper, beauty products and more. However, the industry’s steam diminished with the passage of the Marihuana Tax Act of 1937. With the government’s heightening fears about marijuana (see ​“Reefer Madness” [1936]​), all forms of cannabis sativa plants –…
Bylaws are written by or on behalf of a corporation’s owners at the time of its founding. However, even if these are the rules that direct the company’s operations, they’re typically not revisited unless an issue arises. If you haven’t reviewed your bylaws since your corporation’s founding, there are signs that may suggest revision.  Has…
When filing an application for a cannabusiness facility license from the state, the Marijuana Regulatory Agency (MRA) requires a copy of the LLC’s Operating Agreement or corporation’s Bylaws. This is to review how the company is structured. Additionally, common practice in this industry is to place a disclaimer on the front page of the document…
On April 30, the Michigan Marijuana Regulatory Agency (MRA) established through Gov. Whitmer’s Executive Order 2019-7. Led by Executive Director Andrew Brisbo, the MRA implements fresh practices to streamline the application process and ensure safe access to marijuana products. This agency replaces the Medical Marijuana Licensing Board, whose inefficiencies became notorious among potential applicants. Since…
On April 30, 2019, Judge Stephen Borrello issued a decision related to the ongoing situation with temporarily operating cannabis facilities in Michigan. Judge Borrello’s opinion contains two important takeaways moving forward as Michigan establishes its medical and adult-use cannabis licensing and regulatory system. Before digging deeper into the opinion, it’s important to understand how things ended…
This past Thursday, the Medical Marijuana Licensing Board (MMLB) held their last official meeting. Starting tomorrow, the Marijuana Regulatory Agency (MRA) will review and approve applications. The new agency is a result of Gov. Whitmer’s Executive Order 2019-7, which abolished the MMLB in favor of increasing the speed of the facility licensing application process. Moreover,…
If your municipality failed or refused to “opt in” allowing licensed cannabis facilities, there’s still hope. The good news? There may be a more effective way than trying to convince your elected officials to change their minds or waiting until new members enter office. One way to get your municipality on board with Michigan’s medical…
Obtaining a Michigan’s Medical Marihuana Facilities Licensing Act (MMFLA) license is a complex and comprehensive process. All applicants must submit a Step 1 application and receive approval (aka “pre-qualification”) from the Department of Licensing and Regulatory Affairs (LARA). Step 1 requires that each applicant undergo an extensive financial and criminal background check, which includes full disclosure…