Detroit Mayor Mike Duggan is working with city lawmakers to make a pivotal next step in the legalization of recreational cannabis in the City of Detroit. Currently, the State of Michigan has 97 recreational licenses which have generated over $27 million in recreational cannabis sales in three months of being legal. None of the revenue has come out of Detroit, which has delayed the issuance of recreational licenses since it was first allowed by the State in December 2019. The decision to delay has led to lawsuits and a lot of unhappy entrepreneurs and connoisseurs, as well as a rather underwhelming start to the age of recreational cannabis in Michigan.
The City’s proposed law would require 50% of the recreational license applicant business to be owned and operated by Detroit residents. Residents and prospective shop owners are frustrated with the delays, but officials are working to make sure the law is right. Once Detroit is on board, ordinance or not, this could potentially be the boom we were expecting with recreational cannabis, as seen in large municipalities like Chicago and Denver. It is worth noting, Detroit residents would still be subject to the rigorous licensing rules and regulations put in place by the State’s Marijuana Regulatory Agency. Background checks and capitalization requirements could present the next big hurdle for prospective resident shop owners. We have helped many applicants through the licensing process, call 248 355 1040.