Marijuana Business Magazine October 2019

Industry Developments | International & State Massachusetts Fall River Mayor Jasiel Correia was asked to step down after being charged with conspiring to extort $600,000 from at least four business owners in exchange for official letters needed to obtain a license to set up marijuana operations, according to federal authorities. Correia pleaded not guilty to federal charges including bribery, extortion and wire fraud. Michigan Nearly 40% of communities that approved a recreational cannabis ballot measure last year introduced local bans that prohibit retail sales, putting a possible damper on the adult-use market when it launches next year. Michigan’s Marijuana Regulatory Agency issued emergency rules in July giving local authorities six months to introduce bans before regulators start to accept applications for business licenses Nov. 1. According to local news outlets, 308 of the 792 cities and townships that passed Proposal 1 last November have prohibited recreational marijuana businesses.