In an effort to curb black-market sales, Michigan is planning to ease access to the recreational cannabis market next year. In March, Michigan will remove a prerequisite. However, the move has unintentionally complicated the fight against unlicensed, black market cannabis, and many other small marijuana firms. From March next year, certain licensed recreational marijuana businesses will no longer be required to first hold a medical license. Retailers, processors, transporters, safety labs, class B, and class C growers will be subject to lower license fees should they wish to grow, sell, test, or transport recreational marijuana. Most importantly, new businesses that aren’t interested in medical cannabis will now be able to access the recreational cannabis market. The prerequisite was a major barrier to entry into the recreational cannabis sector.

CannabisNewsWire, 10/13/2020 16:20:12

Open article: