With applications for medical marijuana licenses becoming available in less than two weeks, the state finally released the rules Monday that will govern the newest industry in the state.
Everything from how much medical marijuana a registered patient can buy to how and whether a cannabis business can advertise is covered under the 33 pages of rules from the state Department of Licensing and Regulatory Affairs.
The department has been issuing individual rules since September, but the all-encompassing set of guidelines applying to marijuana business license holders were released a couple of weeks later than anticipated. The state had hoped to released the rules, which are greatly anticipated by people who hope to get a license, before Thanksgiving.
Andrew Brisbo, the director of the Bureau of Medical Marijuana Licensing, said there wasn’t anything big or different in the final set of rules.
“I think there’s just a lot more of fleshing out of the details,” he said. “There is a lot more procedural details that we included today.”
Some of the rules that have been released since September include capitalization requirements for medical marijuana businesses. They range from $150,000 for the smallest category of grower, which is up to 500 plants; to $300,000 for a dispensary; to $500,000 for the largest category of grower, which is 1,500 plants. [Read more at Detroit Free Press]