Gov. Gretchen Whitmer signed legislation Tuesday that her office says “clarifies and streamlines the licensing process” for medical marijuana and hemp growers.
Whitmer signed Senate Bill 203, which defines an applicant for a medical marijuana or hemp business as someone with a stake of greater than 10 percent in a company. It also requires them to “undergo the standard vetting process” and streamlines the application process for applicants who have less than 10 percent stake in a company.
Latest from Cannabis Business Times
- USC Athletics, Cookies Announce Trailblazing CBD Partnership for College Football, Basketball Sponsorship
- Trulieve Set to Open Medical Cannabis Dispensary in Clearwater
- Kentucky’s Medical Cannabis Program Attracts 5K License Applicants
- AYR Wellness Awarded Virginia’s HSA I Vertical Cannabis License
- Navigating the Green Line: How to Balance Selling and Profitability in Cannabis Retail
- DCC’s ‘Inadequate Oversight’ of $100M Undermined California Licensing Program for Cannabis Growers
- High Tide to Open Canna Cabana Store in Lucan, Ontario
- Whitney Economics Reduces 2030 Hemp Fiber and Grain Acreage Forecast by 4.5 Million Acres