The first recreational marijuana dispensaries opened in Michigan Dec. 1, and supply issues weren’t far behind.
That was inevitable, Andrew Brisbo, the executive director of the state’s Marijuana Regulatory Agency, said Wednesday at Benzinga’s Detroit headquarters.
“Those supply concerns are not lost on us,” and are best addressed by proactively and efficiently issuing licenses, he said.
Even after licenses are issued, it takes growers months after receiving a license to turn around a crop.
“We wanted to rip the Band-Aid off and allow [the market] to start to move forward,” Brisbo said of the recreational launch, which occurred ahead of schedule.
To read more, click on https://www.benzinga.com/markets/cannabis/19/12/15015296/michigan-poised-to-be-huge-national-player-in-legal-cannabis-says-states-top-regulator