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Michigan Awards $20 Million In Marijuana Tax-Funded Grants To Fund Veterans-Focused Research

Institutional banks only approve a super small percentage of ALL loan applications and being a Cannabis Business doesn’t exactly improve your chances. The Cannabis Regulatory Agency will establish Michigan as the national model for a regulatory program that stimulates business growth while preserving safe consumer access to cannabis. One should consider visiting one of these retail locations for many reasons. The most important thing is ensuring you have the products you need to get the job done.

The applications window will stay open for 180 days following the Grant Program’s launch. Neither the NJEDA nor the State of New Jersey (collectively, the “State”) reviews the services, information or content provided by Google™ Translate. Information translated by Google™ Translate may not be accurate or current and is used at the user’s sole risk.

Stakeholders in metro Detroit say that should the proposed legislation pass, more financing opportunities would become available to Detroit-area marijuana entrepreneurs seeking to enter and already in the market. Midwest CannaNurses is the latest recipient of Gage Cannabis Co.’s $1 million social equity grant program, which funds cannabis companies in communities affected disproportionately by the war on drugs. Many municipalities “cap” the number of licenses they allow for specific facility types, and there may be a limited window to apply for these limited number of municipal licenses.

Plenty of products are available in forms such as cannabis concentrate, edible products and more! If there is an item you can’t find in-store or online, we recommend calling the location and inquiring about its availability. When it comes to purchasing your cannabis and marijuana items, there are many options available. dinesh melwani You can choose to shop online or in person at your local Recreational Dispensary Grant Mi. Shopping online is a great option if you’re looking for a specific brand or item that may not be carried in-store. Usually, these stores have their products listed so customers can decide before entering the building.

Many marijuana businesses are moving into the state, including one of the most famous names in cannabis culture. The well-known magazine, High Times, has decided to join the retail marijuana market, and will be bringing its own line of products to Michigan. High Times is planning to begin selling products in 2021, at its own branded Michigan marijuana dispensaries.

The marijuana industry has largely been a cash business in the past. The legislation would greatly change that practice as business owners would be able to apply for financing and deposit funds to larger, more traditional banking institutions. Small business is the backbone of America, and new horizons—like the cannabis industry—are ripe for budding entrepreneurs.

Up to $10 million in state funding will be made available for applicants. Staying current is easy with Crain’s news delivered straight to your inbox, free of charge. FlavorFix.com is the premiere source for cannabis, CBD, and spirits, news, finance, entertainment and culture.