The bill amends the "Michigan Regulation and Taxation of Marihuana Act" by updating several sections and adding a new section that clarifies the responsibilities of the cannabis regulatory agency. This agency is now tasked with overseeing the commercial production and distribution of marihuana, managing licensure applications, ensuring compliance with regulations, and conducting public meetings. A significant addition is the requirement for the agency to consider demographic information of licensees and to submit an annual report to the governor detailing licenses issued, enforcement actions, and financial operations.

Moreover, the bill introduces new provisions for the application process, mandating that applications be submitted directly to the cannabis regulatory agency. It outlines criteria for issuing licenses, including adherence to local ordinances and restrictions on ownership interests in multiple establishments. The bill also emphasizes public health and safety through mandated testing and labeling standards for marihuana products. Notably, starting January 1, 2026, the agency cannot issue new retailer licenses if it would exceed one retailer per 5,000 residents in a municipality, although this does not affect existing licenses or certain exemptions.

Statutes affected:
Senate Introduced Bill: 333.27957