You will need a processor-handler license to manufacture and/or sell a hemp product. The Cannabis Regulatory Agency will establish Michigan as the national model for a regulatory program that stimulates business growth while preserving safe consumer access to cannabis. Search no further, here you may find a list of cannabis growers and marijuana cultivators complete with their offering and locations they serve. A marijuana establishment can apply for a license as a designated consumption site. No misdemeanors involving controlled substances within five years, No local ordinance violations within five years, Any past issue with law enforcement or legal violations, not including traffic violations. For all of you, our friends at Michigan Edibles put together an awesome step-by-step guide to how to legally sell marijuana edibles in Michigan. As the #1 place to buy marijuana seeds in Michigan, Pacific Seed Banks is proud to bring you top quality, fully feminized cannabis seeds. From organic to exotic and everything in between, dispensaries.com has one of the most extensive list of pot cultivators on the market. This subreddit is for news, discussion and collaboration between current and future employees and entrepreneurs in the legal marijuana and hemp industries. The majority of cities and townships in Michigan have decided to ban recreational sales, though more are planning to roll out locations 2021. Watch out for additional taxes at the municipal level. Michigan residents with a state-approved medical marijuana patient card can purchase cannabis from medical marijuana dispensaries, called provisioning centers. Highest rated medical dispensaries in Michigan As noted above, Michigan's path to allowing recreational cannabis in 2018 first began with the approval of medical sales in 2008. The second step is license qualification, which includes providing more information specific to the type of license sought in this case, a provisioning center license. According to Marijuana Business Daily's Marijuana Business Factbook, the average marijuana dispensary makes $974 in revenue per square foot of space. Lastly, cyber security can cause huge problems for a dispensary if their point-of-sale software is compromised. After that only licensed grows by the state of Michigan with approval of the city that they're growing in will be able to sell to dispensaries. Apply for the processor-handler license, found at. Dispensary Store Manager: If you're wondering how much a dispensary pays to manage a store, the pay scale is anywhere from $60,000-$120,000 Who is required to submit an application? As has been said, unless you are a licensed cultivator, you cannot sell to dispensaries. o Michigan.gov/HempLaws (for laws and compliance assistance documents). Once approved for a license, the initial licensure fee for an adult-use marijuana retailer is $25,000. These are the costs for New York cannabis dispensary real estate: Buying a property outright can vary wildly. What documentation is required when applying for a medical marijuana state operating license? RELATED POST: HOW TO GET A GROWERS LICENSE IN MICHIGAN, A marijuana provisioning center is defined under Michigan law asa licensee that is a commercial entity that purchases marihuana from a grower or processor and sells, supplies, or provides marihuana to registered qualifying patients or registered primary caregivers. A dispensary will also have to follow all distinct regulations regarding the sale of each of those products, which includes different labeling, tax rates, customer verification procedures, etc. If youre already operating a company just call us. How do I submit deficiency documents/responses for my Annual Financial Statement (AFS) Report? The market for Michigan dispensaries has been incredibly cyclical. Can a CPA that provides other accounting services to the licensee prepare the Annual Financial Statement (AFS) report? Point-of-sale software such as IndicaOnline has maximum-security data . Here is all the information you need. Ensure that you mention precisely the cannabis product that you want to sell and its properties. Retail Innovation Labs LLC Trading as Cova Software. The market for Michigan dispensaries has been incredibly cyclical. How do I update my address on my registry card? In this situation, the company actually spent more money to makelessmoney on the sale. Can I find out the status of my patient's application if I contact the MMMP? If applying for more than one facility license, a separate FLA will need to be completed. How much is the fee? Dont miss out on our Marijuana Legalization Map where you can browse the current status of laws in every state in the United States and see all our posts on each of them. Broker - Engaging or participating in the marketing of industrial hemp by acting as an intermediary or negotiator between prospective buyers and sellers. Find out how Michigan will monitor commercial cannabis activity here. Am I responsible for any of the costs associated with ordering tags? An overview of the medical and recreational marijuana laws in Michigan. I utilize another company to handle a type of service necessary for the operation of my licensed entity. Michigan's Industrial Hemp Research and Development Act, PA 547 of 2014, as amended, requires any person who is marketing industrial hemp in Michigan to be licensed as a processor-handler. Start Here. Having looked at demographics and traffic pattern data, I estimated the location would sell for about $3M to $3.5M on the Michigan cannabis real estate market. This represents the best value on the buy side as we can buy based off lower medical numbers, knowing we will have a big boost once the municipality establishes recreational green zoning. Licensed to practice since 2008, Thomas Howard has represented numerous financial institutions in litigation to enforce their security interests. Medical marijuana patients in Michigan may purchase up to 2.5 ounces of cannabis or equivalent product daily. 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. You may also need to get approved and licensed by your municipality. || attorney & consultant marketing - collateral base firm, Developed By WorldWin Coder Pvt Ltd & Stumari. 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. The Department of Licensing and Regulatory Affairs has great diversity of licenses and regulation within its oversight. Who is eligible to be an employee for a licensed facility? This packet must include a passport-type photo, a copy of your government-issued ID, and all other supporting documentation, It encompasses a full background investigation of the applicant and all supplemental applicants. So basically unless your buddy is licensed by the state and has approval from the city he is growing in you're going to be shit out of a luck. You can see the button on the lower right works even on desktop. You can apply online, view application resources, and download application forms at the MRAs adult-use marijuana application page. The second step includes a review of the proposed retail establishment, including a physical inspection, as well as payment of the licensure fee once approved. What is Selling to a Dispensary? What are all the required licensing and certifications required for me to legally distribute marijuana to provisioning centers? We do not have a written agreement or contract. Some questions to consider: Do you need a manufacturing contract with the manufacturer of the CBD oil you intend to use? July 2, 2020 Jordyn Pair. Please use these updated forms for all requests. Learn your next steps in your cannabis business. Well share how we did it if you complete the form. Put another way, thats about 35% more money in the sellers pocket compared to a straight cash out offer. 300 Great Oaks Blvd, Suite 300-022 Albany NY, 12203, How To Get a Commercial Marijuana Growers License in Michigan, MICHIGAN PRE-QUALIFICATION MARIJUANA LICENSE, How to Apply for a New York Cannabis License, How to Apply for A Cannabis Retailer License in Minnesota, Illinois Cannabis DUI Lawyer What You Need to Know, Washington Social Equity Cannabis License Application, Illinois Cannabis Dispensary Application 2023 | Social Equity License Lottery, How to raise funds for your cannabis company. Learn your next steps in your cannabis business. In terms of where you may use the substance, Michigan law requires that anyone using cannabis must do so in private, such as in their own residence. Does this qualify me for an adult-use marijuana establishment license? Can a CPA working in a bookkeeping firm prepare the Annual Financial Statement (AFS) report? 300 Great Oaks Blvd, Suite 300-022 Albany NY, 12203, How To Open a Marijuana Dispensary in Michigan. However, local municipalities may reduce this distance requirement or impose additional location requirements as they see fit. Thanks! Should those transfers be reported as revenue on P2 Schedule of Revenue? Requirements for processing hemp in Michigan can be found in the Industrial Hemp Research and Development Act, PA 547 of 2014, as amended. Culinary Cannabis. Does this qualify me for an adult-use marijuana establishment license? They could go from license application requirements, to the local-wide limit of accepted number of dispensaries in the zone. Must my Annual Financial Statement (AFS) report include the financial dealings of the previous ownership that occurred during the reporting period? How to Apply for a New York Cannabis License, How to Apply for A Cannabis Retailer License in Minnesota, Illinois Cannabis DUI Lawyer What You Need to Know, Washington Social Equity Cannabis License Application, Illinois Cannabis Dispensary Application 2023 | Social Equity License Lottery, How to raise funds for your cannabis company. Detroit may not see its first recreational dispensaryuntil 2022 or possibly later. Can I submit one Annual Financial Statement (AFS) report that includes all my licensees that are commonly owned? 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. This is a less-intense version of the Budtender Certification with an overview of the endocannabinoid system and a summary of the basic cannabinoids and terpenes that the plant possesses. Check out our interactive map and our favorite dispensaries below. Another consideration when valuing a dispensary is whether the dispensary is medicali.e. How do I get a replacement registry identification card if mine is lost, stolen, or damaged? Youll have to pay a nonrefundable fee of $6000 at the time of filing to defray the costs associated with the background investigations and fingerprint processing. As the legalized recreational marijuana industry continues to grow in Michigan, more and more businesses are opening for business. Cannabis licenses in every state of the United States tend to be a tricky situation, Michigan is not the exception. Feminized Seeds Growing Cannabis Seeds in Michigan For the most part growing cannabis seeds is easy. Can I have more than one marijuana microbusiness? In addition to medical marijuana dispensaries, beginning January 1, 2020, recreational dispensaries will also be allowed to apply for licenses to sell adult-use cannabis to the public. So, what drives the valuation of these dispensaries? Michigan's Industrial Hemp Research and Development Act, PA 547 of 2014, as amended, requires any person who is marketing industrial hemp in Michigan to be licensed as a processor-handler. Michigan Cannabis Properties specializes in offering listing services for Marijuana real estate owners as well as directory services for cannabis testing professionals, distributors, retailers, manufacturers, and cultivators. I have an active patient registry identification card and I recently moved. If you or someone you know is interested in knowing more about medical marijuana in Massachusetts and how it can benefit your overall health, call Inhale MD today at (617) 477-8886. Select your LEGAL WEED Can convicted felons apply for a license? For dispensary buyers, seller financing can save a lot of up-front money, which can instead be used to build out the inventory and stock shelves. Friend has his own grow op and wants me to be an outside sales rep trying to get product into dispensaries (when covid blows over obviously). What do I do? Should I submit my full application (Step 1 and 2) together? Yes; medical marijuana patients can cultivate up to 12 cannabis plants at home. Thus, when deciding to sell your dispensary, you want find out how to be showing as high sales number as possible. Michigans Marijuana Tracking Act requires the establishment of a statewide monitoring system that can integrate with third-party inventory control and tracking systems such as Covas Cannabis Dispensary POS Software in order to allow: Additionally, Michigan's Adult-Use Marijuana Emergency Rules state that licensees must use a third-party inventory control and tracking system that is capable of interfacing with the statewide monitoring system to track: Michigan has chosen Metrc as its official statewide marijuana monitoring system. Does product have to go from a grower to a processor or can a grower sell product directly to a provisioning center? Can I submit my Step 2 application at the same time as Step 1? 1. This page is informational only and should not be considered legal advice. Weve won licenses in competitive limited markets, and open market states. Below, weve provided answers to as many questions as possible concerning cannabis retail licensing and dispensary laws in Michigan, and we will continue to update this page regularly as new details emerge. Does the address on my application have to match the address on my Michigan driver license or personal identification card? Detroit finally. Medical marijuana may only be purchased at state-licensed medical dispensaries. How can I get information from the Agency? There is an additional $100 fee to cultivate . I am a Certified Public Accountant (CPA) conducting the Agreed-Upon Procedures report. I want to sell industrial hemp. For example, it can range from $128/sq ft to $393/sq ft. On the other hand, if you are limited to leasing the property, monthly costs for a marijuana store might run between $3,500 and $10,000 or even higher. All rights reserved. Discounts of up to 75% are also available to applicants belonging to a disproportionately impacted community on licensing fees and properties owned by the city land bank. A provisioning center may offer home delivery once the facility's delivery procedures have been provided to and approved by the MRA. There are differences between state rules and regulations, especially related to the specifics of how much a Caregiver can grow, posess and how many Patients and Dispensaries they can distribute to, but the basic steps are as follows: Apply for your Patient Status with Doctor recommendation. Oklahoma Dispensary Laws/Washington Dispensary Laws/Colorado Dispensary Laws/California Dispensary Laws/Maine Dispensary Laws/Missouri Dispensary Laws/Michigan Dispensary Laws/Illinois Dispensary Laws/Nevada Dispensary Laws/Montana Dispensary Laws/Alaska Dispensary Laws / New Jersey Dispensary Laws. Of course, itll depend on what type of cannabis license you want to get for your operation. What If You Get Caught With 25 Plants? Can I hold a CPL license and a medical marijuana state operating license? Website links: Some municipalities have opted to restrict or prohibit the opening of retail stores. The regulatory assessment for Fiscal Year 2020 (beginning October 1, 2019 and ending September 30, 2020) for a new provisioning center license is $44,000. To sell marijuana to any person. The people of Michigan will likely have the opportunity to vote on recreational legalization in November of 2016, but it's up to them to pass the initiative. It is our goal to be one of the best legal resources for cannabis real estate industry. Location requirements also prohibit cannabis operations located within an area zoned exclusively for residential use and not within 1,000 feet of a pre-existing public or private school providing education in kindergarten or any of grades 1 through 12, unless a municipality adopts an ordinance that reduces this distance requirement. Do I have to be a resident of the state of Michigan to obtain a patient registry identification card? Will I need a physical location for my business, or can I use my personal address until I find a location? As recently as January, caregivers provided nearly two-thirds of the marijuana flower available on store shelves. Or just click the city closest to you! Arkansas Annual cultivation license fee: $100,000 Performance bond: $500,000 California Annual license application fees: Specialty Cottage Outdoor $135 Specialty Cottage Indoor $205 Specialty Cottage Mixed-Light Tier 1 $340