As we inch closer to the new year, hopeful entrepreneurs looking to join the other 20-28 hundred thousand cannabis businesses in the U.S. know how vitally important the election will have on their prosperity. With a decision to elect Joe Biden as the 46th President of the United States, his thoughts on national cannabis law have major implications. So, before you step into the green industry, it’s important to be clear on the issues that affect successful cannabis entrepreneurs.
“Our provisioning center, 1st Quality Medz isn’t currently being affected, Nor is the cultivation facility however, I do feel we will see a fall in sales once the governor shuts down due to the pandemic. We are considered an essential business, so we are allowed to remain open but if the rest of the economy isn’t doing well we will eventually experience the trickle down effect,” says Vetra Stephens. “We try to adjust our prices to be mindful of our community, the patrons that may be experiencing layoffs or job cutbacks. As you may notice each party has a different approach one how businesses will operate during this pandemic. It is important that we make sure the people we service know that we are with them through this time. They continue to support use and we do the same.”
“I have been asked for my advice on cannabis policy for the state of Michigan, having met with Andrew Brisbo Executive Director of the Marijuana Regulatory Agency (MRA) on several occasions and conducting small round table groups along side a select few prominent Cannabis Business Executives,” says Vetra Stephens. “I’ve met with Governor Gretchen Whitmore to offer some advice regarding policy as well. I do appreciate having the ear of the decision-makers and I do believe my voice has been taking into consideration on each encounter.”
“I believe more flexibility will take place as a relates to social equity programs and miner cannabis grow operations. My goal as always is to continue to stay involved in help this industry morph into something we all will be proud to be a part of. Please continue to follow me as I will personally stay involved in helping the progression of this industry.” Here at Vetrastephens.com.