Medical Marijuana Update
As all eyes turn toward cannabis legalization initiatives looming in November, it’s been pretty quiet on the medical marijuana front. At least there’s good news from Michigan.
Last Thursday, the Senate passed an industry regulation bill allowing dispensaries. The state Senate Thursday passed a bill that would tax and regulate medical marijuana businesses and explicitly allow for dispensaries. The bill would set a 3% tax on dispensaries’ gross retail income, require licensing to grow, process, transport, and sell medical cannabis and explicitly allow for forms of medical cannabis that include infused, non-smokable forms of the plant. The House approved much of this package almost a year ago. Now, it goes to the desk of Gov. Rick Snyder (R).
For extensive information about the medical marijuana debate, presented in a neutral format, visit MedicalMarijuana.ProCon.org.
By Phillip Smith
Paul Ebeling, Editor