weed farm in Michigan are famous because they are the only legal weed production facility to produce marijuana for recreational use within the state. However, this also means that the price of Michigan marijuana is much lower than in any other state due to a lack of demand outside the state. The easiest way to explain this phenomenon is that many people in Michigan would like to enjoy the legal benefits of recreational marijuana but don’t want to move out of state. These residents have been eagerly waiting for new legalization laws in their home state.
Michigan was the first state to legalize medical marijuana back in the 1990s, but some legal snags raised their head after legalization.
What You Need To Know About Weed Farms In Michigan?
The current laws for recreational marijuana products in Michigan specify what can and cannot be produced. As of now, marijuana used for consumption must come from a plant with no more than ten per cent tetrahydrocannabinol (THC) and no less than fifteen per cent cannabidiol (CBD). This is to meet the standards of the Michigan Department of Licensing and Regulatory Affairs.
Suppose you plan to get your marijuana supply from a weed farm in Michigan. In that case, you will be able to purchase anything from pre-rolled joints to dry herbs, E-juice, and even cannabis-infused beverages. Just like in Colorado and Washington, there are also things that you can’t purchase from a weed farm in Michigan. They including edibles containing more than one hundred milligrams of THC per serving and concentrate products. Which contain more than two hundred milligrams of THC per container.
Here is the main reason why Michigan is famous for its weed farms:
1) Michigan’s Landscape Is Perfect For Growing Cannabis
A vast majority of the land in Michigan is rolling hills, flat land, and hardwood forests. Some of these areas are better for growing cannabis, and some are not. The northeast corner of the state has a more temperate climate, and according to the United States Department of Agriculture. It has the best soil for growing cannabis. This area provides the most nutrient-dense soil, which can help achieve the highest yields for marijuana plants. Its also give a strong smell that can be used to benefit your marijuana strain.
2) The Low Cost Of Marijuana:
Michigan weed farms have been around for decades and have been catering to the needs of marijuana patients since the 1990s. The population of Michigan is growing fast, and so is the demand for marijuana. There is a lot of marijuana production in Michigan, but there are not enough people to meet the supply-demand. As a result, Michigan weed farmers have had to develop low-cost strains. Which can still be competitive in price with other states’ high-quality cannabis strains. At this point, many marijuana cultivators use cheaper cannabis plants to increase their bottom line profits.
3) It’s A Low-Risk Investment
The production of marijuana involves a lot of manpower and equipment that can be expensive to purchase. This is why many weed farmers are choosing to grow their marijuana. They also prefer to raise their marijuana plants and harvest them in-house instead of sending the product out to be processed. Michigan weed farmers are relatively safe from legal trouble since they aren’t selling the marijuana they grow; however, if necessary, they can always seek professional assistance from attorneys to protect themselves from any possible problems that may arise.
4) Marijuana Industry Is Growing Fast
According to the latest data by ArcView Market Research. The marijuana industry has grown at a compound annual growth rate of 26% between 2011 and 2016. In 2016 alone, sales of marijuana products reached about $6.9 billion. The rise in demand for marijuana has made it possible for weed farmers in Michigan to produce more and increase their profit margins tremendously.
5) Michigan Weed Farms Enjoy Low Taxation Rates:
As more states have joined the legalization movement. There are ongoing debates regarding the taxation of recreational marijuana throughout the United States. Michigan has no state tax on marijuana, and any marijuana product purchased in the state is subject to a six per cent sales tax. This six per cent sales tax does not apply to medical marijuana products. According to Michigan’s weed farms, they would prefer to be taxed as regular businesses instead of being tagged as drug dealers.
6) Michigan Is On Its Way To Becoming The Next Weed Capital Of The World:
Many weed farmers in Michigan are trying to increase their revenue by developing new methods for growing cannabis and producing high-quality products. However, this can be quite challenging due to limited funds for research and development. With a little bit more funding, the quality of Michigan weed can be improved at a fairly rapid rate.
It would not be an exaggeration to say that Michigan has the most marijuana commercial farms and is still growing every day. The reason for this is that the demand for marijuana is increasing rapidly. Suppose you are looking to buy marijuana from a Michigan weed farm. In that case, you can expect them to offer competitive prices. You can even choose from different types of marijuana strains, depending on your preference. Most of the cannabis producers and marijuana growers in Michigan are willing to work with patients who need medical marijuana. They can even assist in choosing the best product for your medical needs.