The bill amends the Michigan Regulation and Taxation of Marihuana Act by updating the responsibilities and powers of the cannabis regulatory agency. Key provisions include the agency's authority to grant or deny licensure applications, conduct background investigations, and ensure compliance through regular inspections and disciplinary actions. Notably, the agency is now empowered to summarily suspend a state license if it determines that a licensee's conduct poses a risk to public health, safety, or welfare, with specific examples of such conduct provided. Additionally, the agency is required to hold public meetings, collect fees, and submit an annual report to the governor detailing its activities and financials.

The bill also introduces new language regarding the agency's ability to enter into agreements with advisors or consultants and Indian tribes concerning marihuana-related regulatory issues. It clarifies that individuals with a financial interest in a marihuana establishment cannot be involved in the agency's implementation or enforcement of the act. Furthermore, the agency retains the authority to take disciplinary action against individuals even after their state license has expired or if they are no longer operating a marihuana establishment.

Statutes affected:
House Introduced Bill: 333.27957