The bill amends the "Michigan Regulation and Taxation of Marihuana Act" by updating several sections and adding a new section that defines the responsibilities of the cannabis regulatory agency. This agency will oversee the commercial production and distribution of marihuana, conduct background checks for licensure, ensure compliance with regulations, and hold public meetings. It is also responsible for collecting fees and fines, submitting annual reports, and hiring necessary personnel. Importantly, the bill prohibits individuals with a financial interest in a marihuana establishment from serving as employees or consultants for the agency and mandates cooperation with state police for background checks.

Additionally, the bill outlines the licensing procedures for marihuana establishments, emphasizing that prior marihuana-related convictions should not disqualify applicants unless they involve distribution to minors. It introduces new requirements for testing, packaging, and labeling marihuana products, including health warnings and THC limits, while promoting equitable participation in the industry. The bill also establishes a competitive process for municipalities that limit the number of licenses issued, clarifying that state licenses are valid for one year and can be renewed for those in good standing. Furthermore, starting January 1, 2026, new retailer licenses will be restricted based on population ratios, although renewals and transfers are exempt. The bill's enactment is contingent upon the passage of related legislation.

Statutes affected:
House Introduced Bill: 333.27957