Michigan Marijuana Microbusiness
Marijuana Microbusiness is a type of licensing regulation utilized where the recreational use of marihuana has been legalized. Similar to microbreweries for the production and sale of alcohol, marihuana microbusinesses are independently owned businesses that grow, process and sell their own marihuana. By applying for a micro license, an individual 21 years of age or older may be allowed to grow, process, and sell marihuana to others 21 or older. This comes with certain limitations placed on the quantity the micro licensee may grow and to whom they may sell their product.
In the state of Michigan, a proposed initiative called the Michigan Regulation and Taxation of Marihuana Act (MRTMA) would allow an adult, 21 years of age or older, to apply for a license to operate a Michigan marihuana microbusiness.
Michigan Micro Grow License
A microbusiness, as defined in MRTMA, allows an individual to operate a marihuana business cultivating not more than 150 plants, processing, and packaging marihuana products made from plants they grew, and selling and transferring marihuana to individuals who are 21 years of age or older, but the licensee may not sell to or purchase from other marihuana establishments. Therefore, a licensee may not conduct business with another marihuana grower, processor, retailer, or any type of marihuana related business.
If you have been interested in getting into Michigan Marijuana Microbusiness industry and are excited about a new sector of that industry, contact the lawyers who stay on the cutting edge.
Call the Michigan Cannabis Lawyers today at 517-512-8364.