Analyzing the Commoditization of Cannabis Requires Context What is a Commodity? A commodity is anything that can be bought, sold, or traded on legal markets. Examples include: grains, metals, electricity, natural gas, foreign currencies, and financial instruments. Commodities can be bought and sold business-to-business and business-to-consumer. Additionally, the perceived value of the commodity – the price a business or consumer is willing to pay for a commodity or the value

Municipalities Reluctant to Take Action Without State Regulations In November 2018 Michigan residents voted to make cannabis legal for recreational purposes. Michigan’s Marijuana Regulatory Agency (MRA) released draft regulations for recreational cannabis businesses on July 3. These regulations are critical to bolstering Michigan’s legal cannabis market and developing cannabis entrepreneur ideas. Cannabis Businesses in Michigan Communities In the absence of state regulations,

Legalizing Cannabis is More Than Regulation and Taxation As of publication medical cannabis is legal in 33 states, and recreational in 11 states with limited to no policy measures addressing affects of cannabis prohibition. Lawmakers Have a Duty to Address Affects of Cannabis Prohibition Many states are slow or reluctant to address cannabis related arrest and conviction records. States where cannabis is legal have hundreds of thousands of citizens with cannabis records. Plus

How Cannabis Supply Chains Vary by State Let’s discuss vertical integration. It may sound boring but it’s helpful to understand as a voter, patient, and consumer.What Is Vertical Integration What Is Vertical Integration? Vertical integration is when one company owns two or more stages of production normally operated by separate companies. In the case of cannabis legalization, it means one company grows, processes, and sells cannabis. State Regulations Determine Vertical Integ