Michigan’s struggling cannabis industry pushes lawmakers for urgent reforms

Michigan’s struggling cannabis industry pushes lawmakers for urgent reforms

The market has witnessed a dramatic collapse in the value of legal cannabis

Michigan CRA Director Warns State Legislature Cannabis Industry Under Strain And Needs Reform

LANSING – Cannabis Regulatory Agency Executive Director Brian Hanna told state lawmakers this week that the cannabis industry is under extreme pressure from falling prices, black market activity and the growing unregulated, intoxicating hemp products sold in gas stations and other retailers that compete with licensed products sold through dispensaries. Hanna said at a regulatory affairs Michigan Senate committee meeting April 23 that the biggest…