It’s a big week for cannabis.
As of today, recreational cannabis is legal in the state of Michigan. But it’ll take some time for dispensaries to start popping up across the state – regulations will take a year to pass.
In today’s Cannabis Report, Senior Managing Editor Vin Narayanan covers some of the ballot initiative mandates, including…
• You must be 21 or older to possess or own marijuana.
• You can grow only up to 12 plants.
• You can’t smoke in public.
Vin also reports on New Jersey, another state that’s taking a big step toward legalization. Last week, the state Senate and assembly passed bills to legalize marijuana. There are two important components to the bills that legislators and voters will need to consider… and much more.
Good investing,
Allison Brickell
Assistant Managing Editor, First Stage Investor