Michigan Marijuana Businesses To Pay $100,000-Plus In Fines
The first publicized report for August included fines to eight businesses
The Cannabis Regulatory Agency (CRA) began publishing monthly disciplinary action reports related to fines and suspensions issued against Michigan’s marijuana businesses for violating agency rules.
The first publicized report for August included fines to eight businesses equaling up to $116,000 for failure to submit the proper financial reports by the deadline. No other violations were targeted.
“What I’ve heard is the CRA is filing complaints and assessing fines,” said Simon M. Gumma, a certified public accountant and president of Gumma Acho in Troy. “I think they can even suspend or revoke a license for not being compliant. I don’t know that it’s gotten to that point.”
Bella Sol Wellness, Muskegon, $10,000, failed to file annual financial statements for fiscal year 2021 related to its medical marijuana retail center license.
Infinite Chemical Analysis Labs, Jackson and Burton, $20,000, failed to file annual financial statements for fiscal year 2021 related to its medical marijuana and recreational safety compliance lab licenses.
The ReLeaf Center of Lapeer, $10,000, failed to file annual financial statements for fiscal year 2021 related to its medical marijuana retail license.
The ReLeaf Center of Niles, $20,000, failed to file annual financial statements for fiscal year 2021 related to its medical marijuana retail licenses in Niles and Chesaning.
Essence Provisioning, Pinconning, $28,500, failed to file annual financial statements for fiscal year 2020 related to its medical marijuana retail license, and annual financial statements for fiscal year 2021 related to its medical and recreational retail licenses.
Green Koi, Douglas, $9,500, failed to file annual financial statements for fiscal year 2021 related to its recreational retail license.
The Sweet Leaf, Flint, $8,000, failed to file annual financial statements for fiscal year 2020 related to its medical marijuana retail license.
Cannamazoo, Kalamazoo, $10,000, failed to file annual financial statements for fiscal year 2020 related to its medical marijuana retail license.
To Read The Rest Of This Article On MLive, Click Here
