The Michigan Marijuana Regulatory Agency, or MRA, is tasked with overseeing cannabis business licensing. To be a Rec grower here you have to have your location approved, cameras and security system. If you live in Minnesota, your chance is coming soon. The creation of a business plan that leads you to profit and, eventually, success is essential to getting the most out of the dispensary business in any State, Michigan is certainly not the exception. Click "Search." 4. If the dispensary is otherwise quiet . If a current application is under review by the Agency, can I change the ownership? There is an additional $100 fee to cultivate . The thing is, when a dispensary is pre-operational, valuation becomes much more subjective. Michigan Medical Marijuana Program (Patients/Caregivers), Verify a Medical Marijuana Facility License, Verify an Adult-Use Establishment License, Metrc - Statewide Marijuana Monitoring System. This resource is for finding the closest legal weed shops to you. Ahh I didn't realize you needed 150k in assets in order to get licensed as a Class A Grower and thought that you just had to pay the 4k for the license to start growing. The average price of an 8th in Lansing is $50. Please use these updated forms for all requests. 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. Avoid showing up to a cannabis dispensary without a meeting. Weve won licenses in competitive limited markets, and open market states. 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. 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. You will not need the license for sampling and testing alone. How can I remove a current patient? Medical marijuana provisioning centers in Michigan may only sell cannabis to patients holding an active medical marijuana patient identification card. 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. Aside from the licensing application documents required in Section 7, there currently are no recordkeeping requirements for hemp processor-handlers. But with the industry growing as fast as the medical and recreational cannabis industry in this legalized midwest state, the results of getting a license may be worth it. For recreational cannabis is 10% excise tax plus 6% sales tax. operating under the MMFLA; recreational or adult usei.e. 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. Licensed adult-use marijuana retailers may sell cannabis to adults aged 21 and older. 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 Thus, when deciding to sell your dispensary, you want find out how to be showing as high sales number as possible. A designated caregiver must purchase medical marijuana for patients under the age of 18. Many of these same dispensaries are now receiving offers at a fraction of what they were receiving in 2018. What is the Annual Financial Statement (AFS) reporting period? Handling - Possessing, storing, or transporting industrial hemp on premises owned, operated, or controlled by a registered grower or a licensed processor-handler. The total fees range from $4000 to $40,000 depending on the class you are applying for. On the buy side, one thing we look for is a medical dispensary doing good numbers under medical in an area we know is about to opt-in to adult use. 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. How should I submit my Annual Financial Statement (AFS) report? We work closely with our trusted team of growers to ensure the integrity of our product. Each license is exclusive to the license type issued and to the licensee. 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. Click the link to find out more on how to get an MMFLA or MRTMA license. 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. Hemp-derived topical lotions and tinctures with a THC concentration of 0.3% or less may lawfully be marketed and sold in Michigan with this license. Medical marijuana patients in Michigan may purchase up to 2.5 ounces of cannabis or equivalent product daily. Class A is a Grower license for 100 marijuana plants, Class B is a Grower license for 500 marijuana plants, and, Allows applicants to begin the application process while still seeking a location for the proposed marijuana facility, It starts by filing an Entity/Individual Pre-qualification Packet. How can I invest in marijuana facilities in Michigan? Will I receive a registry identification card for each qualifying patient that designates me as his or her caregiver? The beginning costs of a Michigan marijuana growing license includes a non-refundable application fee, as well as a regulatory assessment. Can a microbusiness obtain seeds, tissue cultures, clones, or immature plants without using a secure transporter? I have an active patient registry identification card. 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. Important Updates Cannabis Market Taxation and Regulatory Compliance Analysis Grant Program EGLE: Cannabis Environmental Regulatory Information How do I remove my current caregiver? What this means is that you must know the market to decide when the best time is to sell. What percentage of sales tax are medical facilities required to pay? This subreddit is for news, discussion and collaboration between current and future employees and entrepreneurs in the legal marijuana and hemp industries. A microbusiness license allows the holder to grow up to 150 plants, process flower into marijuana products such as edibles and extracts, and sell direct to the consumer, all with one MRTMA license. My business "cleans" hemp seed for a registered industrial hemp grower. Usually, seller financing is a verified win-win for both buyers and seller. Doing so will result in the most efficient and timely processing of your paperwork. 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. Retailer: With a marijuana dispensary license, you can sell medical marijuana and other marijuana products, including plants and seedlings. Should I go to a third-party business to get/renew my registry identification card? All cannabis businesses help pay the $500,000 annual fee for substance abuse disorder programs ( MMFLA Section 333.27603) Licensing fees cost between $10,000 and $66,000. Present your I.D. Contact the Michigan Department of Agriculture and Rural Development (MDARD): Phone Number: 800-292-3939 As recently as January, caregivers provided nearly two-thirds of the marijuana flower available on store shelves. Earnings Before Interest, Depreciation, Taxation and Amortization), but not profits. According to Marijuana Business Daily's Marijuana Business Factbook, the average marijuana dispensary makes $974 in revenue per square foot of space. The first step is prequalification, which includes the submission of all application materials, background checks, and payment of the application fee. All rights reserved. Initially, it was announced that for the first 24 months, applications would only be accepted from currently licensed medical marijuana operators. When you work out the numbers, the seller would have received closer to $1.15M, or an extra $300,000, with seller financing. How do I update my name on my registry card? Unless you got $100,000 plus to get state-licensed, get City approval buy a property and set up a grow. Adults aged 21 and older may purchase no more than 2.5 ounces of cannabis or equivalent product in a single transaction, with no more than 15 grams in the form of cannabis concentrate. Am I able to use another hemp processor's product (for example, CBD isolate) to create my own hemp product to sell? 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. Although medical marijuana has been legal in Michigan since 2008, there was no allowance for dispensaries; however, the new legislation set up a framework for the licensing and operating of medical marijuana dispensaries, which Michigan refers to as provisioning centers, along with adult-use retail stores. What do we need to do to sell our ingredients to product manufacturers that sell to Michigan dispensaries? However, barriers, such as prohibition, make seed cultivation tricky. However, specific amounts are carryable depending on where you are. Michigan residents with a state-approved medical marijuana patient card can purchase cannabis from medical marijuana dispensaries, called provisioning centers. Covas dispensary POS and inventory management system includes all the features needed to keep cannabis retailers compliant, including: Ron Segev is the founding partner of Segev LLP. Take a close look at the Certificate of Analysis (COA) to verify it is in fact for the product you intend to buy, and not some other stage of the process (for example, a COA from the hemp crop pre-harvest). The first is an application fee of $6,000, which must be submitted before the application can be processed. Well share how we did it if you complete the form. What do we need to do to sell our ingredients to product manufacturers that sell to Michigan dispensaries? I am a registered caregiver. If you want to learn how to open a Marijuana Provision Center in Michigan or apply for any adult use marijuana grower, processor, or transporter licenses, here is all the information you need. Can I use one check to pay for my hemp Grower Registration and hemp Processor-Handler license? Go to Cannabis Regulatory Agency Licensing & Statistical Reports, Go to Statewide Marijuana Monitoring System Information - Metrc, Go to Apply, amend, renew an adult-use establishment license, Go to Apply, amend, renew a medical marihuana facility license, Go to Apply, amend, renew a patient or caregiver medical marijuana card, Go to Apply to be a hemp processor-handler, Go to Apply for or renew a Social Equity application, Go to File a complaint against a licensee, Go to Notify the agency of a material change, Go to File a petition for the medical marijuana review panel, Go to Active marijuana businesses in my area, Go to Active marijuana businesses in the state, Go to Approved grants and the grant approval process, Go to Licensees that have had disciplinary actions taken against them, Go to Tips for licensees, technical or advisory bulletins, Go to The number of previously approved applications or licenses. Here's a list of Michigan's Recreational Marijuana Dispensaries: Ann Arbor Healing - 3720 Washtenaw Ave, Ann Arbor MI 48104 Arbors Wellness - 321 E. Liberty St., Ann Arbor MI 48104 Battle Creek Provisioning - 1525 W. Michigan Avenue Suite 11 & 13, Battle Creek MI 49037 Battle Spring - 2245 W. Columbia Suite 119 & 120, Battle Creek MI 49015 Below is an updated listing for non-residents purchasing out-of-state medical cannabis and recreational marijuana. Don't drive while consuming or immediately afterward. Retail Innovation Labs LLC Trading as Cova Software. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer. You should know that for the first two years, the. 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. How should my payroll be reported on the P5 Schedule of Payroll Taxes? 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? Do not ignore the hierarchy or executive chain of command. Having said that, when representing buyers, this is generally one of the first questions they ask. It takes you from hiring a lawyer who specializes in Michigan's cannabis laws & regulations to help . This is also known as 'Step 1' of the state licensing process in Michigan. Anyone under the age of 21 must provide a Michigan medical marijuana card. Who should I contact if I have questions regarding the Annual Financial Statements? What are the capitalization requirements for an adult-use license? Press J to jump to the feed. Strict attention to compliance issues and regulations is required to apply for a permit to grow hemp in Michigan. 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. Can a CPA working in a bookkeeping firm prepare the Annual Financial Statement (AFS) report? It starts to add up real quick for just the business aspect let alone your grow inputs, https://www.michigan.gov/mra/0,9306,7-386-83746---,00.html. Marijuana is legal in Alaska both for medical and recreational use. Adults may possess up to 15 grams of cannabis concentrate at any given time. What is a CPA Attestation and what is required to be included? As with most things in life, timing is key; this is the same for the cannabis real estate industry, yet it is one of the most overlooked factors in determining the price you will get for your dispensary. The lesson here, for dispensary owners and cannabis real estate brokers alike, is that if you plan to open your dispensary in order to make it more attractive to sell, dont do it half-assed. 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. operating under the MRTMA; or both. There are two fees associated with the provisioning center licensing process. Can I transfer a marijuana license from one entity to another? Website links: If you are in a city and doing great numbers but know many neighboring cities that you draw customers from are on the verge of granting new licenses or passing an MMFLA or MRTMA ordinance, then you may want to think about selling before that happens. Is this license required for retailers who do not have a physical location in Michigan? NEW: PA Medical Marijuana ID cards that are printed in 2023 will have a new look. We can help you receive top dollar for your Michigan dispensary property. How is your plant count determined as it affects your growing limited as a Class A, B, or C Grower Licenses? What documentation is required when applying for a medical marijuana state operating license? 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. Several dispensaries have been licensed and approved, however several cities and townships have banned adult-use sales, or have not yet opted in to allow sales. What is the application fee to file an amendment? to enter the dispensary. Requirements for processing hemp in Michigan can be found in the Industrial Hemp Research and Development Act, PA 547 of 2014, as amended. Launch our Search utility. Just show your valid driver's license, passport, or state-issued I.D. Go to Cannabis Regulatory Agency Licensing & Statistical Reports, Go to Statewide Marijuana Monitoring System Information - Metrc, Go to Apply, amend, renew an adult-use establishment license, Go to Apply, amend, renew a medical marihuana facility license, Go to Apply, amend, renew a patient or caregiver medical marijuana card, Go to Apply to be a hemp processor-handler, Go to Apply for or renew a Social Equity application, Go to File a complaint against a licensee, Go to Notify the agency of a material change, Go to File a petition for the medical marijuana review panel, Go to Active marijuana businesses in my area, Go to Active marijuana businesses in the state, Go to Approved grants and the grant approval process, Go to Licensees that have had disciplinary actions taken against them, Go to Tips for licensees, technical or advisory bulletins, Go to The number of previously approved applications or licenses, Michigan Medical Marijuana Program (Patients/Caregivers), Verify a Medical Marijuana Facility License, Verify an Adult-Use Establishment License, Metrc - Statewide Marijuana Monitoring System. Can you change the license type, or number of license(s) you are prequalified for without submitting a new application? There are many market opportunities you have to research, take into consideration the zone youll be operating too. Keep in mind that with just a few exceptions, it's generally illegal to consume cannabis in public. Michigan is a great market, but it's not cheap to operate there. But it's illegal to carry beyond 2.5 ounces of cannabis out in public. Can my application and physician certification serve as a temporary registration card? 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. Can I submit an incomplete prequalification application? How much is the fee? o Michigan.gov/IndustrialHemp (main page) Of course, not everything is as clear cut as the above example given the wide variance of municipal restrictions on the cannabis real estate industry. Learn your next steps in your cannabis business. Fortunately, the market has picked back up, as many of the larger Michigan vertical companies are buying once again, and out-of-state MSOs are beginning to discover the largely untapped Michigan market. Check CRA's website periodically as PA 547 of 2014, as amended, may be updated, and there may be additional requirements such as labeling for hemp products. Marijuana possession in Michigan is not illegal. I have a hemp license under the industrial hemp program. Of course, oftentimes the real estate is held in a separate holding company but that does not mean you do not need that money. Am I responsible for any of the costs associated with ordering tags? 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.