Michigan cannabis regulators far more than doubled the quantity of communities eligible for social equity help, which will imply lowered application charges for potentially dozens of extra recreational marijuana business enterprise applicants.
The expansion from 19 to 41 communities occurred right after the employees from the Marijuana Regulatory Agency continued researching obtainable information, state officials stated.
Michigan will get started accepting recreational marijuana business enterprise license applications on Nov. 1.
Adult-use MJ sales are anticipated to get started in the state subsequent year.
There’s no statewide cap on licenses, but nearby communities can set limits.
Almost 1,000 of the state’s 1,773 communities reportedly have decided to opt-out, or ban retail retailers, at least initially, according to Detroit Television station WDIV.
The social equity plan enables qualifying applicants to advantage from lowered charges for application, licenses and future renewals.
The lowered prices variety from 25% to 60% based on the circumstance.
Added application help is supplied and other help, such as possible mentorships.
The plan is developed to encourage participation in the marijuana market by persons who reside in Michigan communities that have been disproportionately impacted by marijuana prohibition and enforcement.
Identifed social equity communities contain Detroit, East Lansing, Flint, Kalamazoo, Muskegon, plus many smaller sized municipalities.
For far more information and facts about the social equity plan, click right here.