Everything you need to know for cannabis-based businesses
The Medical Marijuana Act of 2008 allowed medical use of marijuana, and created the system for registry identification cards for qualifying patients and primary caregivers. It’s important to note that recreational marijuana is NOT legal in Michigan, however you can apply for the following 5 licenses:
House Bill 4827/Public Act 283 (also known as the Marijuana Tracking Act) established a statewide seed-to-sale monitoring system to track marijuana and marijuana products throughout the state. This program will allow the movement of cannabis to be documented from the moment it’s planted in the ground (by cultivators), to when it’s tested (by testing facilities), to when it’s sold (by dispensaries). This helps eliminate black market deals and keeps the industry safe and regulated. Growers, testing facilities and dispensaries all need to be utilizing seed-to-sale software to apply for a license; licenses are not being granted without the software.
As of 2016, state-licensed recreational businesses can sell cannabis to adults over the age of 21. Adults purchasing cannabis, are limited to one-quarter ounce per person, per visit, per day. Recreational businesses can only operate between the hours of 7:00pm and 10:00pm, and the owners of the businesses can choose when to operate within that timeframe.
Michigan wants to see dispensaries utilizing software to keep track of and control their inventory at all times. Dispensaries also need to utilize software to keep records of their patients. These plans must be put together by all dispensaries before applying for a license in addition to a security plan, patient education plan and financial plan.
Licenses are limited, and the cities are giving them out to the most equipped professionals.