US (MA): More cannabis licensing options, lower fees in the works

Michigan on Monday released a set of proposed cannabis industry rules that would add two new license types and reduce fees and costs for obtaining and renewing licenses.

The 116 pages of rules are available for review and the state Marijuana Regulatory Agency is accepting public input through Sept. 27.

Class A Microbusiness 
The new class A microbusiness license would expand allowances that currently exist under the microbusiness license. The microbusiness license was created to allow a fully self-contained business to operate similar to a boutique or microbrewery, but only seven such licenses have been issued since 2019. The new license doubles the amount of plants a microbusiness may grow from 150 to 300, allows for the purchase of edibles or concentrates from licensed processors and permits licensees to purchase or receive mature plants that they don’t grow themselves. The one catch: the new microbusiness license would ban in-house processing. 

Reduced costs 
While the costs to enter the licensed cannabis market remain huge, some of the administrative costs are reduced in the latest proposed rules. The initial application fee is reduced from $6,000 to $3,000, and nearly all of the existing licensing fees are slashed.

Read more at mlive.com


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