LANSING - 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 on Friday.
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.