The agency plans to start taking business applications Nov. 1
Requirements for businesses that plan to sell marijuana to adults 21 and older are expected to be clearer under emergency rules released by the agency that regulates the selling and growing of pot in Michigan.
Michigan’s Marijuana Regulatory Agency plans to start taking business applications Nov. 1. The rules will remain in effect for six months and can be extended for another six months.
Under the rules issued Wednesday there are no capitalization requirements and license holders can apply for temporary marijuana event licenses. Some licensed growers also will be allowed to exceed their plant count. Businesses with licenses under common ownership will be allowed to operate at the same location.
Michigan Cannabis Industry Association spokesman Josh Hovey says “at first glance” the organization believes the “rules are well thought out and forward-thinking.”