Three years after it was formed, the Michigan Marijuana Regulatory Agency is getting a new name. The agency will be renamed the Cannabis Regulatory Agency and take up the task of overseeing hemp processing, distribution, and sales in addition to its current regulation of the marijuana industry. The change moves most hemp oversight from the Michigan Department of Agriculture and Rural Development to the Cannabis Regulatory Agency. The agriculture department will continue overseeing hemp cultivation. The change made under the executive order and set to take effect in 60 days “will allow for a more effective, efficient administration and enforcement of Michigan laws regulating cannabis in all its forms,” Gov. Gretchen Whitmer’s office said in a statement. “… To be blunt — safe, legal cannabis entrepreneurship, farming, and consumption help us put Michiganders first by directing the large windfall of tax revenue from this new industry to make bigger, bolder investments in local schools, roads, and first responders,” Whitmer said. The Marijuana Regulatory Agency was formed by executive order in spring 2019 to oversee the regulation of medical and recreational marijuana following the legalization of recreational marijuana via ballot initiative in 2018.

Cannabis Business Executive – Cannabis and Marijuana industry news, 02/14/2022 11:13:00

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