Week In Review: Detroit crackdown, NYSE listing bid & LSU proposes big bucks on MMJ
By Bart Schaneman, Omar Sacirbey and John Schroyer
Detroit cracks down on dispensaries, a cannabis real estate investment trust eyes a Big Board listing, and Louisiana State University proposes spending millions on medical marijuana cultivation.
Here’s a closer look at some notable developments in the marijuana industry over the past week.
The unpredictability of Michigan’s medical marijuana industry continues, even after state lawmakers paved the way for a statewide MMJ regulatory system. Detroit authorities have closed dozens of dispensaries because they didn’t comply with the city’s new zoning ordinance, enacted earlier this year. The city