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Detroit could miss out on millions from medical marijuana

By Kathleen Gray and Katrease Stafford

With the State of Michigan on the verge of handing out its first licenses for medical marijuana businesses later this month, one of the biggest potential participants could get sidelined from the lucrative business.

The City of Detroit, which, at one point, had more than 250 medical marijuana dispensaries operating in the city, is caught in a legal morass, battling the people — and the voters — who had hoped to open up the city for an exciting, if somewhat controversial, new industry.

At stake is a piece of what is estimated to be a $711-million business that could exceed $1 billion if the legalization of marijuana for adult recreational use gets on the November ballot and is approved by voters.

Read more at the Detroit Free Press

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