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Firms, legislation, trends and awards
Three groups have competing ideas for a legal pot industry in the state.
Three organizations — only one of which is revealing its financial backers at this point — claim to be working on plans for the commercialization of fully legalized recreational marijuana in Michigan. Read More
They are not subject to the legal limits on loan interest rates in Michigan.
The so-called payday lenders in Michigan are subject to state law and regulated by the Michigan Department of Insurance and Financial Services, but they are not subject to the legal maximum interest rates established by state law. Read More
Approximately 17,500 in Michigan borrowed from the online lender at interest as high as 300 percent.
Michigan’s Department of Insurance and Financial Services is asking the Michigan Credit Union League and other trade associations in the Michigan financial sector to help make sure their members know about refunds that may be due them from Western Sky Financial LLC. Read More
When there are problems, DOL frequently goes after both parties.
While working with an H2A labor contractor to obtain foreign migrant workers can be beneficial for growers in terms of easing costs and liability, it doesn’t waylay all risks for the grower, particularly if the labor contractor isn’t following all of the rules and regulations outlined by the U.S. Department of Labor. Read More
Governor Rick Snyder has pledged to “fully comply” with a U.S. Supreme Court decision legalizing gay marriage nationwide and urged Michigan residents to embrace the state's diversity by treating everyone with respect. Read More