The proposed bill establishes a regulatory framework for the processing and sale of consumable hemp products in Michigan, introducing the "industrial hemp processing act." It requires individuals or entities to obtain a state license to process these products, detailing the application process and the information needed from applicants, such as personal details and processing facility locations. The bill also outlines the conditions for granting or denying licenses and creates a consumable hemp product fund to manage licensing fees. Additionally, it mandates labeling requirements for consumable hemp products, prohibits the sale of products with intoxicating cannabinoids, and assigns the Cannabis Regulatory Agency the responsibility for testing and compliance.

Furthermore, the bill amends current laws regarding the suspension and revocation of state licenses, allowing the agency to suspend licenses without prior notice if public health or safety is at risk, followed by a prompt hearing. It also introduces penalties for violations, categorizing first offenses as misdemeanors with fines between $10,000 and $25,000 or imprisonment for up to 93 days, with increased penalties for subsequent violations. The bill repeals the Industrial Hemp Research and Development Act and specifies that it will only take effect if three related bills from the 103rd Legislature are enacted.

Statutes affected:
House Introduced Bill: 286.841, 286.859