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The Hastings Banner — Thursday, January 6, 2022 — Page 9

Marijuana retail operations get OK from Middleville

Greg Chandler
Staff Writer
Two businesses have received approval
from the village of Middleville to establish
marijuana-based retail operations.
DNVK LLC, based out of Southfield, and
Mitten Meds LLC out of Middleville, were
approved for retail licenses after their appli-
cations were reviewed by Village Manager
Patricia Rayl. They scored the highest among
four applicants for the village’s two avail-
able retail licenses. DNVK received a score
of 92 out of a possible 100, while Mitten
Meds scored an 87, according to a memo
from Rayl to the Village Council.
Mitten Meds was approved as an adult-
use business and a medical marijuana pro-
visioning center, while DNVK received
approval as an adult-use business. Mitten
Meds plans to locate its business in the TTS
Fitness building at 640 Arlington Ct., while
DNVK proposes to set up its business in

the Thornapple Floral building at 314

Arlington St.

The Village Council voted Aug. 24 of last

year to allow marijuana-based businesses in

Middleville. The village’s planning commis-

sion in mid-November approved site plans

and special land uses for five applicants for

the two retail licenses, but one of the appli-

cants did not submit their paperwork to the

village in time to be considered, Rayl said.

Applications were scored on such criteria

as background of the applicant, including

past compliance with state business licens-

ing requirements; residency in the village or

Barry County for at least one year; number

of employees residing in the village; invest-

ment in the business; impact on the sur-

rounding area; having business, financing

and marketing plans; design of the establish-

ment; energy efficiency; infrastructure

impact; and having a security plan and a

Good Neighbor plan that outlines communi-

ty or civic involvement, Rayl said.

Licenses must go through an annual

renewal process.

“They have to prove how they’ve been a

good neighbor. We’re going to hold them to

what they promised to do,” Rayl said.

The other two applicants – Rison BS,

LLC of Wayland and Troy-based Lume –

can appeal their denial to the village. Today

is the deadline for the applicants to submit

their appeals.

“It’s very likely that we might have an

appeal come in by [today], in which case

then we would give them 10 days notice to

appear before council,” Rayl said.

The ordinance language set a cap of five

licenses, two of which were reserved for

retail. While the retail licenses are spoken

for the time being, other licenses are avail-

able for growing operations, secure transport

or a safety testing facility, according to the

ordinance language.

Simpson sets Belding record as

Knights defeat Lakewood girls

Brett Bremer
Sports Editor
Sophomore Brook Simpson set a Belding
record with 48 points and powered the Black
Knights to a 70-56 win over the Lakewood
varsity girls’ basketball team at Lakewood
High School Tuesday.
“You just can’t win games when you let
one player have a game like that, and not due
to a lack of effort, she’s just that good,”
Lakewood head coach Kelly Meints said.
Simpson had her Knights up 33-19 at the
half after leading 19-10 at the end of one
quarter.
It didn’t help the Vikings having senior
center Maradith O’Gorman got into foul trou-
ble early. She had to sit most of the second
quarter and then came out with some fire in
the second half. She scored 13 points in the
third quarter.
“We pushed hard and offensively things
were working for us, but we just couldn’t shut

Simpson down,” Meints said. “A top-notch

player and athlete.”

O’Gorman finished the night with 19

points and 11 rebounds. Fellow center

Cadence Poll, the Vikings’ own talented

sophomore, had 15 points and 12 rebounds.

Alli Pickard chipped in nine points, three

steals and three assists.

“My centers had good nights, both getting

a double-double. My guards did a nice job of

getting the ball into them in the second half,”

Meints said.

The Vikings outscored the Knights in the

fourth quarter. Missing 12 free throws through-

out the game hurt the Vikings’ changes in the

end, and Meints said her team missed a number

of shots at close range early on as well.

Lakewood is now 2-6 overall this season.

The Vikings will look to improve on their 1-

Greater Lansing Activities Conference record

when they host Leslie Friday.

Belding moves to 4-1 with the victory.

Lions learning how to take advantage of opportunities

Brett Bremer
Sports Editor
There are things that with time will
become simple on the basketball court for
the Lions, but are still something of a strug-
gle right now.
A few little things going right here and
there and the Lions would have been in a
whole different ballgame Tuesday night.
Bellevue scored a 41-29 win over the
Maple Valley varsity girls’ basketball team
dropping the Lions’ season record to 0-5. The
Broncos opened the ballgame on a 15-0 run,
outscoring the Lions 13-0 in the first quarter
and then getting the opening bucket of the
second quarter.
Maple Valley managed to fight back within
six points before the half, fell down again by
16 late in the third and battled back to within
ten points before the ballgame was over.
Knocking down some wide open shots and
limiting turnovers even a little would have
helped the Lions be right there even with the
Broncos.
A former cross country state qualifier, Lion
sophomore Lilly Faurot had a game-high 15
points. Harnessing her long-distance speed
has been something she has been working on
since then assistant coach Timara Wehr lob-
bied for her to be on the varsity as a fresh-
man.
Wehr, now the Lions’ head coach, saw
Faurot pull down a defensive rebound and
take it end to end for a lay-up two minutes
into the fourth quarter as the Lions closed
within ten points of the Broncos after having
been down 14 heading into the fourth.
Faurot had eight of her 15 points in the
fourth quarter.
“Lilly is very scrappy, which I like,” Wehr
said. “She brings an intensity that a lot of
people don’t carry. She might be in the wrong
spot, but at least she is going to do something
right in the wrong spot. She is young. I
vouched for her last year to be brought up. I

saw something, and tonight she showed what

I had seen. If there had been a little more than

eight minutes in that fourth quarter, Lilly

herself would have gotten us back in that

game.”

One of the big improvements coach Wehr

has seen in Faurot so far is getting herself to

calm down. When her speed and athleticism

turn into a breakaway thanks to a steal or a

defensive rebound, Faurot is much more like-

ly this season to take an extra dribble, calm

herself down and calmly put the lay-up in at

the other end.

The Lions had a great chance to get within

single digits in the fourth quarter. An inbound

play soon after Faurot’s end to end charge

had sophomore Autumn Leo wide open under

the basket. Her shot missed its mark however,

causing her to shout out as she threw her

hands up to the side of her head.

It was far from the first missed open look

at the basket for the Lions. Nearly everyone

took their turn.

Bellevue was led by Morgan Keson on the

scoreboard. She matched Faurot’s 15 points.

The Broncos also got ten points from Marissa

Powell, six from Alexandria Mitchell and

five from Brooke Whitcomb.

Broncos did a decent job jumping into

passing lanes, but the Lions also needed to be

better at making quick decisions with the

basketball.

Cassie McCool and Emma Pierce added

five points apiece for the Lions.

Pierce dealt with foul trouble all evening,

and both Pierce and McCool fouled out

before the night was up.

Wehr was also pleased to see senior guard

Karlie Dahms rebound from a tough start to

the night. Bellevue’s Keson stripped Dahms

of the basketball at the top of the key and

raced the other way for a lay-up to open the

second quarter.

“She was struggling, but she at least spoke

up and said, ‘hey, I need help,’” Wehr said.

“She was a leader in that aspect tonight.

Karlie usually doesn’t do that.”

The Lions have a tough one ahead Friday,

at home against Olivet in Greater Lansing

Activities Conference action. The Eagles are

3-3 overall this season and 2-0 in the GLAC.

The Lions are currently 0-2 in the GLAC.

What should you know about

investment risk?

When you invest, you incur

risk – there’s no avoiding it.

But the concept of “risk” may

be more expansive than you

realized. And by understanding

the different types of

investment risk and how these

risks can be addressed, you

can improve your skills as an

investor.

The most common

perception of investment risk is

simply the risk of losing money.

When you invest in stocks and

stock-based vehicles, such

as mutual funds, there are no

guarantees that your principal –

your initial investment amount

• will be preserved. Generally
  speaking, if you hold stocks
  or mutual funds over a period
  of years, and even decades,
  you can reduce the likelihood
  of sustaining losses that could
  send your investments’ value
  to zero. Hopefully, the value
  of your investments will rise
  over time. And it’s worth
  noting that, since the Great
  Depression, U.S. stocks have
  averaged 9.59% annual returns,
  according to Morningstar
  Direct, an investment research
  service. However, past
  performance can’t guarantee
  future results.
  In any case, this type of
  risk is real, and it’s a factor to
  consider when making your
  investment decisions. But you
  can’t avoid all risk by avoiding
  stocks and putting your money

into other types of investments.

Consider bonds, for example.

When you purchase a bond,

you typically receive regular

interest payments and you get

back your initial investment

when the bond matures,

provided the issuer doesn’t

default. But if interest rates go

up and you want to sell your

bond before it matures, you’ll

have to offer it at a “discount,”

because no one will pay the full

price for your bond when they

can buy new ones at a higher

rate.

You can help manage this

type of interest rate risk by

owning a variety of bonds with

different maturities. When

interest rates are rising, you can

reinvest your short-term bonds

at the new, higher rates. And

in a falling-rate environment,

you can still benefit from your

longer-term bonds, which

typically pay higher interest

rates.

Foreign or international

investments also contain

specific risks. When you

purchase foreign stocks, you’ll

find that fluctuations in the

value of currencies relative to

the U.S. dollar can affect your

returns. Also, international

investments may carry political

risk, since some foreign

governments and political

systems may change in ways

that work against businesses

in those countries. To contain

these types of risk, you’ll want

to maintain an appropriate

allocation of international

holdings and diversify across

regions.

Ultimately, your most broad-

based defense against all types

of risk is to build a diversified

portfolio containing U.S.

stocks, international stocks,

corporate bonds, mutual

funds, government securities

and other investments.

Diversification works because

it helps reduce the impact that

market volatility can have

on your portfolio if you only

own one type of asset, such

as domestic stocks. (However,

diversification can’t guarantee

profits or protect against all

losses.) And you’ll also want

your portfolio to reflect your

individual tolerance for risk.

By being aware of the

different types of risk, and

taking steps to mitigate them,

you can create a strategy that

offers the potential to help

you achieve your important

goals, such as a comfortable

retirement. And by doing so,

you’ll avoid the greatest risk

of all: not investing for your

future.

This article was written by

Edward Jones for use by your

local Edward Jones Financial

Advisor.

Edward Jones, Member

SIPC

Andrew Cove, AAMS®

Financial Advisor

421 W. Woodlawn Ave.

Hastings, MI 49058

(269) 945-

Member SIPC

Financial FOCUS

Provided by the Barry County

offices of Edward Jones

Kevin Beck, AAMS®

Financial Advisor

400 W. State St., Suite B

Hastings, MI 49058

(269) 945-

Dental Receptionist

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Will train the right person.

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an intention, to make any such

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Maple Valley sophomore guard Lilly Faurot fights her way past Bellevue freshman

center Alexandria Mitchell with the basketball near mid-court during the second half of

their ballgame at Maple Valley High School Tuesday. Faurot had a game-high 15

points in the loss to the Broncos. (Photo by Brett Bremer)

Maple Valley's Cassie McCool beats

Bellevue's Morgan Keson to a loose ball

during the first half of their non-confer-

ence ballgame at Maple Valley High

School Tuesday. (Photo by Brett Bremer)

Maple Valley sophomore Autumn Leo
fires up a jump shot from the right corner
during the first half against Bellevue
Tuesday. (Photo by Brett Bremer)