Staying empowered in times of uncertainty
The coronavirus (COVID-19) outbreak is impacting individuals and organizations in unprecedented ways. Rehmann is focused on providing practical guidance and insights to build and strengthen organizations and guide individuals as we navigate through the uncertainty and complexity of this pandemic, together. Click on the buttons below for our available resources or contact us today if you need help managing the impacts of COVID-19.
Cannabis business solutions
When it comes to your cannabis business, managing areas like accounting, human resources or cybersecurity can be a challenge. Rehmann provides objectivity and expertise to businesses currently in the cannabis industry and to those who want to enter and succeed within this emerging field.
Our goal is to help your business remain compliant and take the stress out of every challenge or change you may face. Let us take on the day-to-day so that you can focus on what’s important — your growing business.
When entering the cannabis field, it’s important to make sure you’ve covered all bases. We offer a wide range of services that are individually tailored to meet your needs. Have you thought about:
 Setting up the business |
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 Accounting systems |
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 Human resource systems |
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 Information Technology |
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 Government compliance |
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 Exiting the business |
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Available Resources
[Article] Michigan launches adult-use sales with soft open | 12.4.2019
Three stores licensed for adult-use sales leave prices stagnant, but companies remain hopeful for market’s potential.
[Article] Key House Committee approves MORE Act to federally decriminalize Cannabis | 11.20.2019
The House Judiciary Committee approved the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act Nov. 20, marking the first time a congressional committee has approved a piece of legislation to end federal cannabis prohibition.
The purpose of this Revenue Administrative Bulletin (“RAB”) is to explain the excise tax imposed on sales of marihuanaunder the Michigan Regulation and Taxation of Marihuana Act, discuss the sales and use tax treatment of marihuana sales under the MRTMA, address certain other issues arising under the MRTMA and establish and set forth the tax return and remittance requirements and procedures that taxpayers under the MRTMA must follow.
[Article] Potential $1.7 billion adult-use Cannabis market in Michigan gears up for Dec. 1 launch | 11.18.2019
Michigan’s adult-use cannabis program is expected to kick off Dec. 1 with about a dozen stores initially, setting into motion a market projected by Marijuana Business Daily to reach $1.4 billion to $1.7 billion in sales a year at maturity.
[Article] After licensing, it's probably biggest concern (MICIA Magazine) | 11.1.2019
With so much at stake, protecting premises, property and IT should take top priority.
[Article] Cannabis banking | 11.1.2019
Thirty-three states, the District of Columbia, Guam and Puerto Rico have legalized marijuana in some form while possession, distribution or sale of marijuana remains illegal under federal law. This means any contact with money that can be traced back to marijuana operations could potentially be considered money laundering and heighten exposure to legal, operational and regulatory risks.
[Article] Michigan adult-use cannabis market likely won't launch until spring | 10.28.2019
Michigan regulators will start taking recreational marijuana business applications on Nov. 1, but sales aren't expected to begin until March or April at the earliest.
The Michigan Marijuana Regulatory Agency (MRA) recently issued an advisory bulletin announcing the annual financial statements required for FY19 for medical marijuana facilities initially licensed prior to August 1, 2018.
[Article] Growing pains: state's burgeoning marijuana economy not without its challenges | 7.20.2019
Voter approval of Proposal 1, the so-called adult recreational marijuana use law, created a space and within those confines an ecosystem is fast emerging.
