Michigan: Medical Marijuana Facilities Licensing Act Regulatory Assessments for Fiscal Year 2021

The document is dated August 13 so this may have already crossed your desk.

The amount of the regulatory assessment for licensed medical marijuana facilities is determined annually as required by Section 603 of the Medical Marihuana Facilities Licensing Act and must be paid by those persons approved for licensure by the Marijuana Regulatory Agency (MRA) prior to issuance or renewal of each state operating license. As the market is maturing and the MRA continues to issue new licenses and renew existing licenses, regulatory costs are now spread across more payers into the marijuana regulatory fund. This has resulted in a significant reduction to the regulatory assessments for Fiscal Year 2021 (beginning October 1, 2020 and ending September 30, 2021):




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