Michigan lawmakers propose merging medical, recreational cannabis licenses

The commonsense fairy has arrived!

GMR report

Michigan lawmakers are seeking to simplify Michigan’s marijuana regulations.

State Reps. Graham Filler, a Republican from St. Johns, and Jimmie Wilson Jr., a Democrat from Ypsilanti, introduced legislation to merge the state’s existing medical marijuana and recreational marijuana frameworks into one set of rules.

The move is largely welcomed by the industry, as it would reduce their licensure burden. Operators currently have to hold both a medical license under the the Medical Marihuana Facilities Licenses Act and a recreational license under the Michigan Regulation and Taxation of Marihuana Act to sell both, even though growers are allowed to move product between the two license types.

The merger also largely ends the state’s diminishing medical marijuana sector, at least for businesses. Medical marijuana sales have plummeted in recent years thanks to very low recreational marijuana prices. Through June, medical marijuana sales in Michigan this year have totaled just $11.7 million, or about 0.7% of total regulated-market marijuana sales. In 2021, medical marijuana sales were more than 27% of the total market.

Read the full report

https://www.greenmarketreport.com/michigan-lawmakers-propose-merging-medical-recreational-cannabis-licenses/

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