Deadline for Medical Marijuana Business Licensing Extended in Michigan

178

Michigan regulators have again extended the deadline for medical marijuana businesses to be licensed, allowing 108 facilities to continue operating while warning that 98 others will be issued cease-and-desist letters if they do not close by the end of the week.

Gov. Rick Snyder signed the new emergency rules issued by the Department of Licensing and Regulatory Affairs. They allow certain proposed medical marijuana businesses, which would otherwise need a state license, to continue operating until Dec. 15 as long as they have secured local approval.
The regulators had previously ordered the closure of more than 200 enterprises, largely because the owners could not fulfill their license on time or they did not get permission from their municipalities.

This is the third time the license law has been extended or softened, as long as the state continues to regulate the medical cannabis industry more strictly under the 2016 law.

Last November, the state allowed businesses to remain open when they asked for a license. This is a reversal after initially giving a cancellation date to risk or potentially risking to give cannabis to the dispensary shops, to process, sell, move, or test marijuana. Later in May, the regulators ended the period from 15 June to 15 September. It’s December 15th.

Twenty seven applicants were approved for the license, but no license was granted yet. Ten candidates received a license, but can return it to continue working under the same rules as unlicensed businesses.

In accordance with the 2008 voter-approved law that affirms the use of marijuana for medical reasons, approximately 297,000 patients are registered with the government to obtain their own cannabis or 43,000 registered carers who can provide a limited number of people.

Legal warning !
The information, comments and suggestions there are not covered by investment advice. It is based on the author's personal opinions. These views may not fit your financial situation and risk and return preferences. For this reason, based solely on this information, investment decisions may not have the appropriate consequences for your expectation. Our Site is not responsible for any direct or indirect damages incurred by the investors as a result of the use of the information on the Site, deficiencies in the sources, damages incurred by profit, moral damages, or damage to third parties.