Now that recreational cannabis is legal all over Michigan, I feel severely spoiled compared to our friends in the south.
Some of them live in states that don’t even have medical marijuana.
If you’re like our friends in Florida, you might have medical marijuana however it comes with a host of restrictions as well as frustrations. For instance, the cannabis companies in this state are all required to operate from seed to sale. If you want to be a marijuana retailer, you must grow all of the cannabis that goes into the products that you sell. If you’re a marijuana grower as well as manufacturer, you must own the retail locations in which to sell it. However, that creates a much greater barrier of entry into the legal cannabis industry in that state. You need tens of millions of dollars, if not hundreds of millions of dollars to be successful right now in the Florida medical marijuana program. In Michigan, you can operate as a separate retail location versus a growing facility. That allows for more market competition as well as diversity, effectively giving the whole state better access while dropping prices across the board. Although the cost of living is higher in Ann Arbor than some locales in Wayne County, I appreciate the marijuana I’ve purchased in Washtenaw County over the years. There is a lot of money invested in the cannabis companies that exist within this city. Some of the companies are geared towards people shopping for weed on a budget, while other cannabis stores are intended to focus on the wealthier portions of the market.