Michigan to open access to the recreational marijuana market in March to help curb black market sales
Marijuana Industry NewsMichiganRecreational Marijuana October 7, 2020 MJ Shareholders 0
Early next year, Michigan will eliminate a barrier to entry in the state’s recreational marijuana industry that has stifled growth and unintentionally complicated the fight against unlicensed, black market marijuana.
As of March 1, certain newly licensed recreational marijuana businesses — retailers, processors, transporters, safety labs, class B and C growers — will no longer be required to first hold a medical marijuana business license, the state Marijuana Regulatory Agency announced Tuesday, Oct. 6.
This means lower application and license fees for businesses not wishing to grow, sell, test, process or transport medical marijuana. And it opens up market access to new businesses; for instance, those in communities that have not opted in to the medical marijuana market but that would like to participate in the recreational market.
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