The medical marijuana industry is poised to explode with new state regulations and taxes on the dispensaries that will sell the weed. Kathleen Gray/Detroit Free Press
Marijuana grown by Kushie’s and the Portage Caregiver Center in Houghton are for sale during the High Times Cannabis Cup in Clio on Saturday, June 24, 2017.(Photo: Eric Seals, Detroit Free Press)Buy Photo
The medical marijuana business is expected to explode next year when the state begins to hand out licenses, and rules released Thursday by the Department of Licensing and Regulatory Affairs could prove to be even more profitable for some budding marijuana entrepreneurs.
LARA said in an advisory that one person could apply for three of the licenses — grower, processor and dispensary — and locate all of those businesses in one facility.
“It’s something that we’ve had a lot of inquiries about,” said David Harns, spokesman for LARA, as people looking to get involved in the medical pot business get ready for Dec. 15, when applications for licenses will become available from the state.
The people seeking licenses will still have to go through approval processes in their home cities and the state, which will include background checks. And, if approved, they’ll have to ensure that there are separate work space areas, entrances and exits for each of the licensed categories.
And they won’t be able to apply for the other two categories of licenses — secure transport and testing of the medical marijuana, Harns said.
The consolidation of the business makes sense, said Amir Makled, an