The application fees are around $6,000. I am a Certified Public Accountant (CPA) conducting the Agreed-Upon Procedures report. Can I apply for a state operating license if I have a medical marijuana card? Can I hold a CPL license and a medical marijuana state operating license? Business specifications may include an estimated open date for your dispensary; Proof of premises ownership or a lease agreement; Estimated gross annual income; A marijuana facility plan; A cannabis retail marketing plan; A cannabis product inventory and record keeping plan. The responsibilities for hemp processors are primarily found in Section 7 and 11 of this law. It is required by many municipalities before even applying for a local permit. The U.S. federal government still prohibits the use of . Initially, it was announced that for the first 24 months, applications would only be accepted from currently licensed medical marijuana operators. In order to sell marijuana to Michigan dispensaries, you need a grower or processor license under the MMFLA or MRTMA, which are Michigan's two marijuana facility licensing laws. We do not have a written agreement or contract. But it's illegal to carry beyond 2.5 ounces of cannabis out in public. If a current application is under review by the Agency, can I change the ownership? Does a microbusiness have to operate in an area zoned for industrial or agricultural use? Today, there. Unfortunately, there are no clear answers here, as the city may not even grant adult-use licenses to all the existing dispensaries and the timeline for the city licensing recreational dispensaries is unclear. Culinary Cannabis. Only sell product to individuals aged 21 years or older after the product has been tested and bears the required retail label, Enter all transactions, current inventory, and other required information into the statewide monitoring system through a third-party inventory control and tracking system such as Cova POS, Verify customers are 21 years of age or older by means of a government-issued photo ID, Verify that the sale will not exceed the transaction limits, Verification of age and validity of medical marijuana patient card, Retention of a record of the date, time, quantity, and price of each sale or transfer of cannabis, Determination of whether a particular sale or transfer will exceed the permissible limit, All cannabis plants, products, packages, purchase totals, waste, transfers, conversions, sales, and returns, Lot and batch information throughout the entire chain of custody, Complete batch recall that clearly identifies all required criteria pertaining to the specific batch subject to the recall, ID scanner for age and patient card verification, Integrated inventory and sales tracking and reporting, Built-in product equivalency conversions and purchase limit enforcement. Can a Medical Marijuana Facility Licensing Act (MMFLA) licensee apply for any adult-use license type? Point-of-sale software such as IndicaOnline has maximum-security data . The market for Michigan dispensaries has been incredibly cyclical. Our LARA Veteran Liaisons may be able to help you navigate through the process and programs within our Department. Take the city of Detroit, which unsuccessfully tried to opt-in a few months ago with an adult-use ordinance with certain provisions that certainly seemed to be unconstitutional, along with a poison pill that threw out the entire ordinance if any provision was found unlawful. Class A is a Grower license for 500 marijuana plants, Class B is a Grower license for 1,000 marijuana plants, and. o Michigan.gov/HempLaws (for laws and compliance assistance documents). Can you provide some information on event licensing? Once completed the Packet and collected all required documentation, submit your pre-qualification packet either in person, by mail, or through LARAs online application portal. Do I need a license for a social/cannabis club? These costs are not related to compliance, build out, payroll, or any of the other start up costs for your dispensary (provisioning center) in Michigan. May a medical grower, processor, or provisioning center facility hold an ownership interest in an adult-use secure transporter, safety compliance facility, or a microbusiness establishment? This was the case on business sale I worked on, where a group had a very strong location in a fairly well populated metropolitan area. We work closely with our trusted team of growers to ensure the integrity of our product. Several Michigan dispensaries have been sued for sending out text messages under the TCPA. How can I invest in marijuana facilities in Michigan? Do not try to pitch cannabis products to dispensaries in another state. Don't drive while consuming or immediately afterward. Thanks! Ohio Governor John Kasich signed HB 523 into law in June 2016, allowing for the medicinal use of marijuana by those who have a doctor's prescription. While this can be important, it doesnt really have as much relevance as some may think as the numbers really determine the value on the cannabis real estate market. If your application passes the prequalification step, then you will enter the second phase. Keep the plan accurate to make your dispensary business more successful in the long run. Will the Agency contact me after my Annual Financial Statement (AFS) report is submitted? Additional fees may be imposed at the municipal level; check with your local municipality to find out more. Need a few pounds down in wv to Combat the opiate problem. Our number is in the lower right corner works even on desktop. I am unable to follow a procedure as specified. However, specific amounts are carryable depending on where you are. If you live in Minnesota, your chance is coming soon. Everyone involved in your business will have a background check during this phase. The state tax requirements for medical marijuana in Michigan is 6% sales and use tax. Moreover, municipalities that had previously opted not to participate in legal marijuana will now have an opportunity to allow recreational cannabis. Only dispensaries with a designated consumption site license can have smoking lounges or otherwise allow consumption of marijuana products on-site. One of the most overlooked factors affecting the final sale price of dispensary listings in the Michigan cannabis real estate industry is timing. Michigan Cities Allowing Marijuana Businesses Am I eligible for an adult-use marijuana establishment license? Licensed adult-use marijuana retailers may sell cannabis to adults aged 21 and older. Michigan adult-use cannabis retailers must: Every regulated cannabis market has its own tracking and reporting requirements. Strict attention to compliance issues and regulations is required to apply for a permit to grow hemp in Michigan. And here's a pro tip: Definitely don't wait in line at the dispensary, then waste the budtender's time by trying to engage about the best way to reach the cannabis buyer. The monthly purchasing limit for patients is 10 ounces of cannabis or equivalent product. What is the timeline to process an adult-use application? How long does it take to receive a registry identification card? Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer. Processor: The license includes selling to other licensed processors and dispensaries, processing marijuana, and selling it to licensed medical marijuana users. I have an active patient registry identification card and I recently divorced/married/changed my name. Keep in mind that with just a few exceptions, it's generally illegal to consume cannabis in public. Is the fee for transportation a pre-determined fee set by the state? Email: MDARD-IndustrialHemp@Michigan.gov How do I remove my current caregiver? A seed cleaner is involved in part of the process of converting raw hemp to a marketable form and would therefore need the processor-handler license. Those prices are then getting passed on to customers. I want to sell industrial hemp. These establishments may not serve food or alcohol. How do I notify the MMMP that my primary caregiver has passed away? However, if you have a solid location, open up, and are underperforming and not doing solid numbers, then you may see the value of your dispensary drop. As the legalized recreational marijuana industry continues to grow in Michigan, more and more businesses are opening for business. How much is the fee? Many of the big companies that were driving up the purchase price of state dispensary listings stopped buying, and this caused the prices to fall off a cliff. Can medical facilities process adult-use marijuana? May a medical secure transporter or safety compliance facility licensee hold an ownership interest in an adult-use grower A, grower B, grower C, processor, microbusiness, or retail establishment? Either way, you should get in touch with a cannabis license lawyer that could assist you in presenting a perfect application. If you live in Minnesota, your chance is coming soon. As a Michigan cannabis real estate broker, I have worked on deals on the seller side where I was shocked to discover that anyone would agree to pay that amount. How to open a cannabis dispensary in Michigan a question thats on every cannabis entrepreneurs mind. There are many ways to drive additional revenue as a cannabis business as well as increase total EBIDTA, including those that do not eat into your margins. The application fee must be paid before the application can be processed. Here is all the information you need. You just organize the transaction differently. In Michigan, medical cannabis dispensaries are called provisioning centers. MRA uses a two-step application process for all marijuana facility licensing; the first step is prequalification, and includes a background check of all persons associated with the application. From medical dispensaries to the upcoming recreational stores, and even a 420-friendly doctor to help you serve your medical needs, you can find it all here. How can I get information from the Agency? Sales began Dec. 1, 2019. In addition, processor law does not include any requirements about utilizing another manufacturer's product in creating your own. Retail Innovation Labs LLC Trading as Cova Software. As of right now medical marijuana growers can still sell to dispensaries. Think of selling to a dispensary as you would with any product to a store. The Basic Steps to Making Money Selling to Dispensaries. The appeal of Ferndale dispensaries is likely to drop with Madison Heights coming online and with Royal Oak and Berkeley not far behind, assuming litigation doesnt tie up those cities for too long. For instance, if a consumer is at home, they can possess up to 10 ounces of marijuana. I utilize another company to handle a type of service necessary for the operation of my licensed entity. Ensure that you mention precisely the cannabis product that you want to sell and its properties. Does the address on my application have to match the address on my Michigan driver license or personal identification card? Operating dispensaries tend to garner a higher sales price in the Michigan cannabis real estate industry, but Ive seen at least one situation where a plan to open up actually hurt the overall sales price instead of boosting it. If anyone could give me a run down of everything that goes into the process of selling into dispensaries, it would be greatly appreciated. or just the business that my buddy owns will need a growers license? The market for Michigan dispensaries has been incredibly cyclical. What documentation is required when applying for a medical marijuana state operating license? However, local municipalities may reduce this distance requirement or impose additional location requirements as they see fit. Start Here. For an adult-use marijuana retail store you should apply for a retailer license that allows you to sell marijuana and other marijuana products, including plants and seedlings.
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