Michigan’s medical marijuana market has experienced a flurry of activity in the past two weeks involving court rulings, state guidelines and legislation, and culminating in a showdown within the marijuana business community. The contention hinges on competition between state-licensed and unlicensed businesses and growers.
Ninety applicants must now await a lottery drawing to see when the city of Grand Rapids will consider their plans for medical marijuana-based businesses.
A Mid Michigan medical marijuana company plans to expand after raising more than $30 million in capital.
An appeals court ruling upheld the ability of employers to withdraw job offers to people who failed a pre-employment drug test, even if they are a legal user of medical marijuana. In a case involving the City of Lansing and its utility, the Lansing Board of Water and Light, the Michigan Court of Appeals this week ruled that employers may withdraw a just offer from prospective at-will employees.
Marijuana for recreational use by adults could become a $1.4 billion industry in Michigan in the years ahead.