After years of waiting, Detroit is now accepting applications for adult-use marijuana business licenses for retailers, microbusinesses and consumer lounges. The application window for recreational marijuana business licenses opened on Sept. 1 and closes on Oct. 1. In a press release, regulators announced that Michigan's most populous city will issue 160 licenses in three phases, including 60 = licenses in the first phase. The first phase of 60 permits will include: 40 retailers, 10 consumer lounges, and 10 microbusinesses. The micro-business licenses allow for the vertical integration of 150 cannabis plants. Michigan's recreational marijuana market launches on Dec. 1, 2019, but after the Detroit City Council banned recreational marijuana sales while trying to develop program rules and a social equity plan.
Information source: mjbizdaily.com/
Thump Agri and Horti Tech(Shanghai) Co., Ltd.
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