The state of Michigan recently delivered some great news for anyone who is looking to apply for a Medical Marijuana Facilities License or Marijuana Establishment License.
As part of the Marijuana Regulatory Agency’s (“MRA”) recent update of its application forms and instructions, much of the extraneous information that bogged down applications in the past — including several years of bank and tax records — has been cut down or eliminated altogether.
Among the changes to the applications:
- The disclosure that requires bank account information in its entirety — including 12 months of statements for all accounts — has been eliminated.
- Applicants no longer need to provide all tax information dating back three years; now, they only need to provide limited information for the past 12 months.
- The MRA’s “base questions,” which sought information about every business entity owned by any owner of the marijuana license applicant, have been removed. Instead, the body of the application now asks for more limited information about other business interests.
- Questions that previously inquired about prior caregiver activity are no longer part of the application.
- There are now no requirements to disclose every piece of property owned by an applicant.
- Litigation history only needs to be disclosed for the past five years rather than the past seven years.
While these changes certainly ease much of the burden associated with getting a medical marijuana business license, we at Chapman Law Group are here to assist and advise you on making the process go as smoothly as possible. Our Cannabis Law Practice Group can help with everything you’ll need to get your cannabis business up and running, such as:
- Business planning/incorporation and entity formation
- Compliance matters, including distribution, record keeping, storage, and HIPAA
- Michigan Department of Community Health registration
- Employment agreements, training programs and handbooks
- Acquisition management agreements
We work with medical cannabis practitioners in the Metro Detroit area (Troy, Dearborn, Ann Arbor), as well as statewide in Grand Rapids, Lansing, Kalamazoo, Flint, and other cities. Contact us today for a consultation.