The federal government still regards marijuana as a Schedule 1 narcotic, preventing nationally-backed financial institutions from conducting normal business with Michigan cannabis companies or their employees.
Michael Elias
A guest author for Bridge Magazine.
Posted inGuest Commentary
Opinion | Why It's time to legalize cannabis for all Americans
Just one year after taking effect, it’s estimated Michigan’s adult-use cannabis market once fully matured will generate $3 billion in retail sales and create about 24,000 total jobs annually.