BAY CITY, MI — Bay City is becoming the premier city in Mid-Michigan for marijuana-related businesses to sprout, and because of the growth, a business development group is working to educate more entrepreneurs on how to plant and nurture their budding businesses.
The Michigan Cannabis Business Development Group is hosting a series of small business conferences for cannabis entrepreneurs and lawmakers who want to learn more about the marijuana business. The conference will be held from 11 a.m.- 6 p.m. on Sunday, May 20, at the DoubleTree by Hilton Hotel Bay City-Riverfront.
“We’ve seen Bay City really evolve their thought on marijuana laws,” said Rick Thompson, spokesman for the Michigan Cannabis Business Development Group. “Its time the industry rewards communities who are supporting our businesses and our patients.”
Several speakers will be at the conference to discuss topics such as licensing and regulatory affairs, banking options, insurance for businesses and residential growing operations.
Thompson said the business development group chose to bring the conference to Bay City because its leaders have embraced cannabis law reform and many of Bay County’s municipalities are opting into the Medical Marijuana Facility Licensing Act.
In December 2017, Bay City commissioners approved an ordinance to allow medical marijuana facilities to operate within the city limits. As of Monday, May 8, the city had approved five dispensaries or provisioning centers. The ordinance allows 25 dispensaries in the city’s limits.
“This (marijuana) is an issue that really is important to Bay region residents,” Thompson said. “It is something that all of the communities are dealing with or are going to have to deal with in the immediate future, and it represents a change in revenue for some of the places that have not had new revenue stream for