In this issue of Warner’s Legal News for the Cannabis Industry, attorney Bob Hendricks reflects on the journey after five years of regulation of legalized marijuana here in Michigan – and envisions where the industry goes next. The cannabis industry has quickly generated substantial revenue with adult-use sales in 2021 rising to $1.3 billion while medical-use sales increased to $481.2 million. However, the cannabis industry has been – and continues to be – highly unpredictable. Bob expands upon these five things to keep in mind as the industry evolves:
Five Years of Legalized Cannabis - Where Next?
Look for additional Warner podcast recordings from Warner’s Cannabis Industry Group.