TheMan13
Well-Known Member
It seems as if our medical initiative has somehow come off of the rails my friends and the hits just keep coming. Even Big Canna has given up on medical via that dirty 2016 legislative venture into the Lansing based medical marijuana facility licensing/regulatory scheme in recent years. Lume Cannabis Co., "The largest Single State Operator in the nation". has now given up on medical completely as they keep expanding and making $$$ in the rec market. How could that honestly be a good business decision? You'd think there would have at least been some honest effort to reform that game (MMFLA 2016) as so many of the founding lawyers, politicians and lobbyists were subsequently prosecuted and convicted no? Especially prior to spawning the 2018 recreational licensing/regulatory scheme being sold. What exactly is it about that 2018 Recreational voter initiative facility licensing/regulatory scheme (MRTMA 2018 ) that has allowed it to cannibalize it's preceding medical licensing/regulatory sibling in recent years? Are there no counteracting incentives to protect our hijacked medicinal cannabis initiative/market and it consumers/patients from this regulatory capture? If not, that should change ...
As I have both predicted and watched this regulatory capture scheme roll out over the past decades as its players work their way up the ladder through this industry, I am not ignorant of the facts and history involved here, yet I honestly cannot answer that question I pose to you here.
Some #s:
The day before we went rec in 2018 there were almost 400,000 registered patients here in Michigan and we have experienced a rapid and notable decline ever since. Michigan would then go from 284,100 patients and 40,200 caregivers in early 2019 to 184,564 patients and 19,916 caregivers by Nov 2022. We lost yet another 15,000 patients and 2,000 Caregivers so far this year to bring us to a historical low of just 101,160 patients and 7,662 caregivers (May 2024).
I assume it now costs more in licensing/regulatory costs to administer this program than the state is taking in? What's the end game here?
What say you Roll It Up?
As I have both predicted and watched this regulatory capture scheme roll out over the past decades as its players work their way up the ladder through this industry, I am not ignorant of the facts and history involved here, yet I honestly cannot answer that question I pose to you here.
Some #s:
The day before we went rec in 2018 there were almost 400,000 registered patients here in Michigan and we have experienced a rapid and notable decline ever since. Michigan would then go from 284,100 patients and 40,200 caregivers in early 2019 to 184,564 patients and 19,916 caregivers by Nov 2022. We lost yet another 15,000 patients and 2,000 Caregivers so far this year to bring us to a historical low of just 101,160 patients and 7,662 caregivers (May 2024).
I assume it now costs more in licensing/regulatory costs to administer this program than the state is taking in? What's the end game here?
What say you Roll It Up?