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Cannabis Law Blog

Posts by R. Lance Boldrey

Cannabis Law Blog

News and analysis focusing on the full spectrum of cannabis-related issues facing businesses, investors, financial institutions and all levels of government throughout the United States

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Photo of Cannabis Law Blog R. Lance Boldrey
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Showing 38 posts by R. Lance Boldrey.

Unlicensed Michigan Medical Marihuana Facilities Must Close December 31

CLOSE OR BE DENIED!  In a major year-end development, the Michigan Court of Claims today dismissed the last of the cases that allowed unlicensed Michigan medical marihuana facilities to operate. All court orders preventing Michigan’s Department of Licensing and Regulatory Affairs (LARA) from setting a date by which the so-called temporary operators must close have now been dissolved—technically, that leaves in place the emergency rule by which unlicensed facilities must close by October 31, 2018, although the court had enjoined enforcement of that until its order was dissolved today. In an Advisory Bulletin issued late this afternoon, LARA announced that it would extend temporary operation until December 31, but no longer. Read More ›

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

Coauthored by Dykema Summer Associate Shaun Sullivan-Towler.

For financial institutions interested in banking state-legal marijuana businesses, 2018 has been a rollercoaster. In January, Attorney General Jeff Sessions rescinded the Obama-era policy of lenient federal enforcement, creating new confusion for banks and credit unions about the future of marijuana-related banking. Many feared that the Financial Crimes Enforcement Network (FinCEN) would withdraw or amend its guidance as well, thereby eliminating the only federal guidance directed to financial institutions on banking marijuana businesses. But FinCEN has since been clear that its guidance remains in place and announced that, as of March 31, 2018, a total of 411 banks and credit unions now provide services to marijuana-related businesses, up from 365 a year ago. Read More ›

BMMR News! Updates From Michigan Medical Marihuana Licensing Board

At the March 22nd Michigan Medical Marihuana Licensing Board meeting, Andrew Brisbo, Director of the State’s Bureau of Medical Marihuana Regulation (“BMMR”), provided some important updates on Michigan’s licensing process. Read More ›

Michigan Medical Marihuana Licensing Board Divided on Licenses

Today marked the first day Michigan’s Medical Marihuana Licensing Board took action on licenses under Michigan’s relatively new Medical Marihuana Facilities License Act (“MMFLA”). Although industry observers were hoping for some initial signals on the standards the Board will apply in decisions, today’s meeting instead revealed confusion on the part of Board members, and failed to reach any conclusions. Read More ›

Michigan Continues to Fine-Tune How Marihuana Businesses Can Operate Before Licensure

Earlier this month, Michigan’s Department of Licensing and Regulatory Affairs (“LARA”) announced that its forthcoming emergency rules will allow existing unlicensed medical marihuana businesses to continue to operate while they seek licenses under the new Medical Marihuana Facilities Licensing Act (“MMFLA”). LARA’s announcement was a surprising reversal of its earlier proposed policy that continued operation after December 15, 2017, would harm an applicant’s chances to receive a license. Read More ›

Michigan Gets Recommendations for Medical Marijuana Rules, New Advisory Panel Members

Back in August, Michigan’s Department of Licensing and Regulatory Affairs (LARA) announced the formation of “work groups” to provide input as LARA adopts emergency rules to govern activities under the State’s new Medical Marihuana Facilities Licensing Act (MMFLA). Organized around the MMFLA’s five license types, those work groups met last month. At today’s meeting of the Michigan Medical Marihuana Licensing Board, LARA unveiled summaries of the work groups’ recommendations. Read More ›

Major Michigan Announcements: Licensing Checklist, Proposed Capitalization Requirements, Other Important Standards

At today’s meeting of the Michigan Medical Marihuana Licensing Board (Board), the State’s Department of Licensing and Regulatory Affairs (LARA) unveiled a checklist for medical marihuana license applications, announced proposed capitalization requirements, and sought public input on other regulations for marihuana facilities. Read More ›

Michigan Announces “Road Shows” on Marihuana Licensure

The Michigan Department of Licensing and Regulatory Affairs (LARA) has announced the dates and locations of educational sessions to explain to potential medical marihuana licensees the state’s new license application process and seed-to-sale tracking system. Read More ›

Michigan Issues Advisory Bulletin on Marijuana Testing

Today, Michigan’s Department of Licensing and Regulatory Affairs (LARA) released an Advisory Bulletin regarding testing points for marihuana and marihuana infused products. As with all of LARA’s Advisory Bulletins, this announcement provides advance notice of what LARA intends to include in emergency rules that will be issued to implement the State’s new Medical Marihuana Facilities Licensing Act (MMFLA). We continue to expect those emergency rules to be issued by the early part of November. Read More ›

Michigan Releases “FAQ” on Marihuana Facility Licensing

Today, Michigan’s Department of Licensing and Regulatory Affairs (LARA) issued a detailed “FAQ” on the process for issuing licenses under the State’s new Medical Marihuana Facilities Licensing Act. Read More ›