Interested in pursuing a cannabis grow license in Michigan, but not sure which one is right for you?
Let's break them down.
Adult-Use Grow Licenses
Michigan offers 3 different types of Adult-Use grow licenses:
Class A: Up to 100 plants; license fee of $4,000
Class B: Up to 500 plants; license fee of $8,000
Class C: Up to 2,000; license fee of $40,000
Medical Grow Licenses
Michigan offers 3 different types of Medical grow licenses:
Class A: Up to 500 plants; license fee of $7,000*
Class B: Up to 1,000 plants; license fee of $14,000*
Class C: Up to 1,500 plants; license fee of $21,000*
*Medical license fees are based on a regulatory assessment which is determined annually. The rates listed here are based on the regulatory assessment fee model for Fiscal Year 2021.
Which License Type Is Right For You?
Class A: ideal for individuals with limited to moderate investment capital looking to enter the cannabis industry.
Class B: ideal for individuals with moderate to high investment capital wishing to pursue a more sizable operation.
Class C: ideal for large commercial developments.
How Do Growers Sell Product?
Growers are able to transfer and sell their harvested product to retailers (adult-use) or provisioning centers (medical), processors, and to other growers.
They are also able to transfer both immature and mature plants to other growers, which must be done through a licensed secure transporter.
Additionally, growers can transfer and sell seeds and other genetic material to other growers, which does not require using a secure transporter.
It's important to note that adult-use growers can only sell to adult-use facilities, and medical growers can only sell to medical facilities.
Interested in Obtaining a Grow License?
Consumer demand for cannabis in Michigan is sky-high. Retail sales in the state continue to rise every year.
For hopeful cannabis growers, the time has never been better to pursue state licensing.
If you are interested in learning more about the licensing process, please contact our team of expert consultants to schedule a free consultation.