Michigan commercial grow license 2020 is a government authority granting you the right to carry on trading and producing marijuana. To get this license, you must go through the process, which begins with reviewing the application form online and will need to submit all required documents. This state-issued document permits cultivators and distributors of marijuana to trade following Michigan’s tax laws. It also allows the operator to receive licenses from different departments in this state.
What Is The Process Of Getting Michigan Industrial Grow License 2020?
Before you can receive permission to possess, grow, and sell marijuana in this state, you will need to apply for a license. All applications are categorized into two groups. The first is reserved for people living in this state for at least six months. At the same time, the second is for individuals who have been living here for less than six months. If your application is accepted, you will be issued a provisional commercial marijuana license, enabling you to begin operating as long as you meet all the Office of Regulatory Affairs requirements. This includes payment of annual license fees as well as compliance with the rules of the Marijuana Regulatory Agency.
Who Can Apply For Michigan Commercial Grow License 2020?
You can apply for this license if you are 21 years and above and in an accessible position to operate a large-scale michigan commercial grow license 2020. More specifically, you should have a successful record in growing marijuana. Application is also open to people with knowledge and experience in finance, marketing, and horticulture. This document is not issued to medical marijuana patients and caregivers due to provisions of Act 368, 2018, Medical Marihuana Facilities Licensing Act.
What Are The Requirements For Michigan Commercial Grow License 2020?
To win this license, you should ensure that your application is complete and the necessary fees have been paid. You should also keep in mind that your application will be rejected if there are discrepancies between the information provided in the application form and other documents submitted. For example, your application can be rejected if you fail to provide the information Department of Licensing and Regulatory Affairs requires. In addition, you will be disqualified from receiving this license if you are found guilty of promotion. The illegal trade of marijuana as stipulated by Act 368, 2018 Medical Marihuana Facilities Licensing Act.
Michigan Commercial Grow License 2020: The Benefits and Risks
Michigan commercial grow license 2020 offers certain advantages, including legal immunity for marijuana laws. In addition, the holder can also become eligible for tax relief. However, to get this license, you should know its limitations and potential risks. If you doubt these matters, you should take legal advice to mitigate any possible issues arising from your activities.
Benefits
- The holder of the Michigan commercial grow license 2020 can become eligible for certain benefits, including tax breaks.
- The holder can also produce and cultivate marijuana in an amount that is not more than allowed by law. This will prevent you from being charged by the Michigan Department of Licensing and Regulatory Affairs officers due to overcounting.
- The holder will also be exempted from paying fees associated with the renewal of this license if they no longer need to operate a commercial cannabis facility. However, you will have to pay $1,000 if an application is accepted, and another year’s license fee is due the following year.
Risks
- Failure to pay annual renewal fees can result in the holder’s license being suspended until the due fees have been paid.
- You should also note that you cannot sell marijuana or exchange it for cash or other items in this state. This is because Michigan’s administrative code prohibits the commercial trade of cannabis.
- The holder should be ready to be subjected to random audits and inspection by Michigan’s Department of Licensing and Regulatory Affairs officers. Failure by you to allow these officials unrestricted access may result in denial, suspension, or revocation of your license.
Michigan Commercial Grow License 2020: The Rules and Regulations
There are certain restrictions to consider when operating a marijuana grow facility. Before operating such a business, you will need to make sure that your license complies with the requirements set by the Department of Licensing and Regulatory Affairs. You should also ensure you register your facility with the appropriate authorities and pay Michigan taxes on your sales. Violation of these rules could land you in trouble with law enforcement agencies in Michigan.
Below are the rules you should adhere to when growing and selling marijuana in this state.
- You should license your business with the Department of Licensing and Regulatory Affairs within five days of applying for a license. This will enable officers to monitor your activities and help them identify areas for improvement.
- You cannot sell or transfer any marijuana to any other person or entity in Michigan without a retail marijuana sales license from the State Licensing Board. Failure to adhere to this rule can result in revocation of your license and incurring fines which could amount to up to $25,000 per violation from officers at the Michigan Bureau of Marijuana Regulation.
- Michigan licensors can only provide marijuana to other businesses licensed by the state. In addition, you cannot send or transport marijuana purchased or grown out of this state’s jurisdiction.
Michigan Commercial Grow License 2020: Cost Of Application And Renewal
The application fee for the Michigan commercial grow license 2020 is non-refundable and costs $1,000. The license is valid for one year from the date of issue. When it expires, you will be required to renew it. The renewal feists $1,000, and payment should be made before the expiration date. In addition to this renewal charge, applicants should also submit an annual license fee.
Below are the size-specific license fees for commercial grow licenses in Michigan.
Up to 40,000 square feet (minimum $10,000)
Up to 80,000 square feet (minimum $25,000)
More than 80,000 square feet (minimum $30,000)
Conclusion
The Michigan commercial grow license 2020 is required by individuals who wish to operate a marijuana growing facility in this state. If you have plans of having such a business. You must apply for this license and ensure that you comply fully with the rules and regulations stipulated by the state government. This will help you avoid having your facility shut down and incurring fines after your license has been revoked. In addition, if you want to run a successful cannabis grow operation in Michigan. The services of a professional firm such as Acumen Consulting can benefit you. Contact them today and learn more about their services.
