October 31, 2018 Deadline for Caregivers and The Changing Marihuana Dynamic in Michigan
Caregivers and the DoDo Cannabis and extinct birds would seemingly never ever come up in any discussion. Nonetheless, in consulting with our cannabis clients, a lot of them are inquiring about the stability of the Caregiver model, specifically as it was pushed for several years. What many in the market have referred to as the "Caregiver Model" is going the way of the Do-Do bird on October 31, 2018. Halloween this year will be the extinction event for the caregiver model as numerous have known it for years here in Michigan. While Caregivers will continue to be able to grow and sell to their registered patients, and for themselves, if they are additionally registered qualifying patients, the "gray market" where they were offering their excess, and making a pretty good earnings, is coming to an end. What was the "Caregiver Model?" Under the old "Caregiver Model," a Registered Caregiver can grow up to seventy-two (72) marihuana plants, if they had 5 ...