NEWS BRIEF

MI marijuana rules changes include new licenses, lower fees, social equity

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.

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