420 with CNW — Michigan Rolls Back Key Recreational Cannabis Business License Restriction

March 4, 2021 16:34:19

After months of restricting access to its recreational cannabis industry, Michigan has loosened a key restriction that kept many from acquiring a recreational cannabis license. Beginning on March 1, 2021, applicants for five types of recreational cannabis licenses will not be required to have an active medical marijuana license to qualify. The state initially put this policy in place to allow the companies that first invested in cannabis to become established and recoup their costs before the industry was filled with sellers, says the director of the Michigan Cannabis Industry Association.

Although the requirement was supposed to remain active for two years after the state began issuing recreational cannabis licenses, cannabis legislation passed by voters in 2018 said the state could remove the prerequisite after a year to fight black market sales, address reduced supply…


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