Entries by MCL Admin

Cherry Industries License Surrendered in Cannabis Regulatory Agency Resolution with Detroit Marijuana Grower

September 30, 2025 — The Cannabis Regulatory Agency (CRA) today announced a consent order and stipulation with Cherry Industries LLC (AU-G-C-000925), located at 6387 E. Nevada Street, Detroit, Michigan, resulting in the surrendering of their Class C Grower license. On April 3, 2024, following an investigation, the CRA issued a formal complaint against the adult-use […]

CRA Announces Historic Cannabis Compact Signed Between State of Michigan and Bay Mills Indian Community

August 1, 2025 — In a historic development for cannabis policy and tribal sovereignty in Michigan, the Cannabis Regulatory Agency (CRA) and the Bay Mills Indian Community (BMIC) have officially signed the state’s first tribal-state cannabis compact, allowing the Upper Peninsula-based tribal nation to participate directly in Michigan’s licensed adult-use cannabis market. The agreement, finalized on […]

FinCEN Removes Beneficial Ownership Reporting Requirements for U.S. Companies and U.S. Persons, Sets New Deadlines for Foreign Companies

Immediate Release March 21, 2025 WASHINGTON––Consistent with the U.S. Department of the Treasury’s March 2, 2025 announcement, the Financial Crimes Enforcement Network (FinCEN) is issuing an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act. In that interim […]