Michigan awards very first marijuana licenses, paving way for December 1 sales

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The state’s Marijuana Regulatory Agency delivered the very first 5 recreational marijuana licenses Tuesday, paving the way for sales of legal weed to everyone 21 or older.

Licenses went to Exclusive Brands in Ann Arbor, which has a develop operation, a processing facility and a healthcare marijuana dispensary. An additional went to PSI Labs, a marijuana testing lab in Ann Arbor and the fifth went to Genuine Leaf Options, an occasion organizer from Kalkaska.

Exclusive Brands owner Omar Hishmeh mentioned he’ll be prepared for the lengthy lines anticipated on Dec. 1, the very first day the state will permit sales of recreational marijuana. .

“It feels terrific to be the very first to get a license,” he mentioned. “Our waiting list is currently a couple of pages … Men and women can count on a lengthy line.”

The state expects to have a dozen or so licenses issued by Dec. 1, but availability of item will be sparse at very first. Marijuana growers and processors can transfer 50% of their inventory from the healthcare to the recreational side of the business enterprise starting on Dec. 1. Health-related dispensaries can transfer 50% of their inventory to the recreational side, but only solutions that have been on their shelves for at least 30 days. [Read more at Detroit Free Press]



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