When it comes to cannabis licenses, every state has its own statutory and regulatory quirks that create traps for the unwary. In Michigan, one is the Marijuana Regulatory Agency’s (“MRA’s”) strained interpretation of the limit on the number of grower licenses a person may hold under the Michigan Regulation and Taxation of Marihuana Act (“MRTMA”).
Section 9 of MRTMA prohibits the MRA from issuing a license if doing so would mean that “a person who holds an ownership interest in the marihuana [business] . . . will hold an ownership interest in more than 5 marihuana growers.” MRTMA defines the term “marihuana grower” as “a person [or entity] licensed to cultivate marihuana.” But in applying Section 9’s limitation, MRA interprets the term “grower” to mean a singular grow license.
Continue Reading Michigan Regulator’s Odd Limit on Grow Licenses