The Michigan Marijuana Regulatory Agency released a set of proposed rules for cannabis business, including two new license types and reduced fees.
The two new licenses include an educational research permit and a newly expanded microbusiness license, MLive.com reported.
The agency is also proposing the following reduction in fees:
- From $6,000 to $3,000 for marijuana business license applications.
- From $40,000 to $24,000 for Class C cultivation permits and processor licenses.
- From $21,000 to $15,000 for retail, testing lab and transporter permits.
The agency also announced a new social equity plan – the Joint Ventures Pathway Program – designed to partner qualified applicants with licensed recreational marijuana companies, the Detroit Metro Times reported.
More information about that program is available here.
