LANSING, MI. (AP) - Michigan is now accepting applications from businesses wanting to get into the marijuana industry in the wake of voters' legalization of the drug for adult recreational use.
The Marijuana Regulatory Agency began receiving license applications Friday.
At the end of the business day on Friday, the Licensing and Regulatory Affairs Department said they received a total of 52 applications on day one.
LARA said 34 were applications for Prequalification, which is step one, and amongst those, 18 applied for state licenses.
LARA said as of Friday, 1,368 communities have said they have opted out of the establishment licensing portion of Michigan Regulation and Taxation of Marijuana Act.
Businesses that already have medical marijuana licenses may get recreational licenses as soon as the end of this month since they were previously vetted.
Applicants must pay a $6,000 nonrefundable fee. Those who secure a license will be assessed additional fees ranging between $1,000 and $40,000 annually depending on the license type.
Licenses are available to grow, process, transport and sell marijuana.
There also are licenses to run cafes and other marijuana consumption establishments and to organize marijuana-related events.
Local governments can completely prohibit or limit the number of marijuana establishments within their boundaries.
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