Are you a Michigan-based marijuana licensee looking to transfer your product between equivalent licenses?
The CRA just released some interesting new guidance:
The CRA Advisory Bulletin dated February 8, 2023, seems to have removed the thirty (30) day waiting period and the fifty (50%) percent quantity restrictions, allowing licensees to transfer as much test passed medical product to their adult use equivalent license as they would like.
As part of the Michigan Regulation and Taxation of Marijuana Act (MRTMA) and Medical Marijuana Facilities Licensing Act (MMFLA), the Cannabis Regulatory Agency (CRA) has authorized licensees who hold equivalent licenses to transfer marijuana product between the inventory of their marijuana facility and the inventory of their marijuana establishment.
Equivalent licenses include any of the following: a marijuana grower or processor license issued under the MRTMA, a grower or processor license issued under the MMFLA; a marijuana retailer or provisioning center license issued under the MRTMA, a retailer or provisioning center license issued under the MMFLA; a marijuana secure transporter or safety compliance facility license issued under the MRTMA, or a secure transporter or safety compliance facility license issued under the MMFLA.
As always, licensees should seek legal counsel to ensure their operations comply with all relevant laws and rules. This advisory bulletin is subject to change, so be sure to check back regularly for the latest updates.