Proposed Michigan Regulation and Taxation of Marihuana Act – Taxation

Oct 17, 2018 | Legalization

Voting for Marijuana legalization is coming to the Michigan electoral ballot this Tuesday, November 6, 2018. Here is information regarding the Taxation and Distribution of collected  taxes in the Proposed Michigan Regulation and Taxation of Marihuana Act

Komorn Law receives questions on a daily basis from medical marijuana patients, growers and prospective marijuana business owners about how it differs from the current Michigan Medical Marihuana Act.

The ballot is expected to pass and it is important for Michigan marijuana business owners to know what the ballot initiative is about.

Officially called the Michigan Regulation and Taxation of Marihuana Act, was written by the Coalition to Regulate Marijuana Like Alcohol (RMLA).

The main proposals in the ballot.

• Age Regulation
• Possession Amount
• Taxation and Tax Allocation
• Penalties

Here is a brief look at the proposed distribution of taxes…

Taxation

• The marihuana regulation fund is created in the state treasury. The department of treasury shall deposit all money collected under section 13 of this act and the department shall deposit all fees collected in the fund. The state treasurer shall direct the investment of the fund and shall credit the fund interest and earnings from fund investments. The department shall administer the fund for auditing purposes. Money in the fund shall not lapse to the general fund.2. Funds for the initial activities of the department to implement this act shall be appropriated from the general fund. The department shall repay any amount appropriated under this subsection from proceeds in the fund.3. The department shall expend money in the fund first for the implementation, administration, and enforcement of this act, and second, until 2022 or for at least two years, to provide $20 million annually to one or more clinical trials that are approved by the United States food and drug administration and sponsored by a non-profit organization or researcher within an academic institution researching the efficacy of marihuana in treating the medical conditions of United States armed services veterans and preventing veteran suicide. Upon appropriation, unexpended balances must be allocated as follows:(a) 15% to municipalities in which a marihuana retail store or a marihuana microbusiness is located, allocated in proportion to the number of marihuana retail stores and marihuana microbusinesses within the municipality(b) 15% to counties in which a marihuana retail store or a marihuana microbusiness is located, allocated in proportion to the number of marihuana retail stores and marihuana
  microbusinesses within the county;(c) 35% to the school aid fund to be used for K-12 education; and (d) 35% to the Michigan transportation fund to be used for the repair and maintenance of roads and bridges.

More Info

• Initiation of the Michigan Regulation and Taxation of Marihuana Act – Detailed

Laws change – so please consult an attorney before taking any legal action or doing anything you may have the slightest feeling is illegal when it comes to marijuana / cannabis personal or commercial use.

Proposed Michigan Regulation and Taxation of Marihuana Act – Penalties

Oct 17, 2018 | Legalization

Voting for Marijuana legalization is coming to the Michigan electoral ballot this Tuesday, November 6, 2018. Here is information regarding the Penalties in the Proposed Michigan Regulation and Taxation of Marihuana Act

Komorn Law receives questions on a daily basis from medical marijuana patients, growers and prospective marijuana business owners about how it differs from the current Michigan Medical Marihuana Act.

The ballot is expected to pass and it is important for Michigan marijuana business owners to know what the ballot initiative is about.

Officially called the Michigan Regulation and Taxation of Marihuana Act, was written by the Coalition to Regulate Marijuana Like Alcohol (RMLA).

The main proposals in the ballot.

• Age Regulation
• Possession Amount
• Taxation and Tax Allocation
• Penalties

Here is a brief look at the penalties…

Penalties

A person who commits any of the following acts, and is not otherwise authorized by this act to conduct such activities, may be punished only as provided in this section and is not subject to any other form of punishment or disqualification, unless the person
consents to another disposition authorized by law:

1. Except for a person who engaged in conduct described in sections 4(1)(a), 4(1)(b), 4(1)(c), 4(1)(d), 4(1)(g), or 4(1)(h), a person who possesses not more than the amount Initiation of Legislation – Michigan Regulation and Taxation of Marihuana Act
of marihuana allowed by section 5, cultivates not more than the amount of marihuana allowed by section 5, delivers without receiving any remuneration to a person who is at least 21 years of age not more than the amount of marihuana allowed by section 5, or possesses with intent to deliver not more than the amount of marihuana allowed by section 5, is responsible for a civil infraction and may be punished by a fine of not more
than $100 and forfeiture of the marihuana.

2. Except for a person who engaged in conduct described in section 4, a person who
possesses not more than twice the amount of marihuana allowed by section 5, cultivates not more than twice the amount of marihuana allowed by section 5, delivers
without receiving any remuneration to a person who is at least 21 years of age not more than twice the amount of marihuana allowed by section 5, or possesses with intent to deliver not more than twice the amount of marihuana allowed by section 5:

(a) for a first violation, is responsible for a civil infraction and may be punished by a fine of not more than $500 and forfeiture of the marihuana;

(b) for a second violation, is responsible for a civil infraction and may be punished by a fine of not more than $1,000 and forfeiture of the marihuana;

(c) for a third or subsequent violation, is guilty of a misdemeanor and may be punished by a fine of not more than $2,000 and forfeiture of the marihuana.

3. Except for a person who engaged in conduct described by section 4(1)(a), 4(1)(d), or 4(1)(g), a person under 21 years of age who possesses not more than 2.5 ounces of marihuana or who cultivates not more than 12 marihuana plants:

(a) for a first violation, is responsible for a civil infraction and may be punished as
follows:

(1) if the person is less than 18 years of age, by a fine of not more than $100 or community service, forfeiture of the marihuana, and completion of 4 hours of drug education or counseling; or

(2) if the person is at least 18 years of age, by a fine of not more than $100 and forfeiture of the marihuana.

(b) for a second violation, is responsible for a civil infraction and may be punished as
follows:

(1) if the person is less than 18 years of age, by a fine of not more than $500 or community service, forfeiture of the marihuana, and completion of 8 hours of drug education or counseling; or
Initiation of Legislation – Michigan Regulation and Taxation of Marihuana Act 

(2) if the person is at least 18 years of age, by a fine of not more than $500 and forfeiture of the marihuana.

4. Except for a person who engaged in conduct described in section 4, a person who possesses more than twice the amount of marihuana allowed by section 5, cultivates more than twice the amount of marihuana allowed by section

5, or delivers without  receiving any remuneration to a person who is at least 21 years of age more than twice the amount of marihuana allowed by section 5, shall be responsible for a misdemeanor, but shall not be subject to imprisonment unless the violation was habitual, willful, and for a commercial purpose or the violation involved violence.

More Complete and Detailed Info

• Initiation of the Michigan Regulation and Taxation of Marihuana Act – Detailed

Laws change – so please consult an attorney before taking any legal action or doing anything you may have the slightest feeling is illegal when it comes to marijuana / cannabis personal or commercial use.

Proposed Michigan Regulation and Taxation of Marihuana Act – Possession Amount

Oct 17, 2018 | Legalization

Voting for Marijuana legalization is coming to the Michigan electoral ballot this Tuesday, November 6, 2018. Here is information regarding the Possession Amounts in the Proposed Michigan Regulation and Taxation of Marihuana Act.

Komorn Law receives questions on a daily basis from medical marijuana patients, growers and prospective marijuana business owners about how it differs from the current Michigan Medical Marihuana Act.

The ballot is expected to pass and it is important for Michigan marijuana business owners to know what the ballot initiative is about.

Officially called the Michigan Regulation and Taxation of Marihuana Act, was written by the Coalition to Regulate Marijuana Like Alcohol (RMLA).

The main proposals in the ballot.

• Age Regulation
• Possession Amount
• Taxation and Tax Allocation
• Penalties

Here is a brief look at the Possession Amounts…

Possession Amount

• It allows the personal possession and use of 2.5 Ounces of marijuana or 15 Grams of a marijuana concentrate by anyone 21 years of age or older
• Provides for the lawful cultivation and sale of marijuana and industrial hemp by anyone 21 years of age or older
• The act does not replace the Michigan medical marijuana laws but instead provides a regulatory rules for recreational marijuana. The regulation would be that a person between the ages of 18 and 20 could possess medical marijuana with a valid medical card; but that same person could not possess recreational marijuana until they turn 21.

See link below for detailed information about the proposal

More Info

• Initiation of the Michigan Regulation and Taxation of Marihuana Act – Detailed

Laws change – so please consult an attorney before taking any legal action or doing anything you may have the slightest feeling is illegal when it comes to marijuana / cannabis personal or commercial use.

Proposed Michigan Regulation and Taxation of Marihuana Act – Age Regulation

Oct 17, 2018 | Legalization

Voting for Marijuana legalization is coming to the Michigan electoral ballot this Tuesday, November 6, 2018. Here is information regarding the Age Regulation in the Proposed Michigan Regulation and Taxation of Marihuana Act

Komorn Law receives questions on a daily basis from medical marijuana patients, growers and prospective marijuana business owners about how it differs from the current Michigan Medical Marihuana Act.

The ballot is expected to pass and it is important for Michigan marijuana business owners to know what the ballot initiative is about.

Officially called the Michigan Regulation and Taxation of Marihuana Act, was written by the Coalition to Regulate Marijuana Like Alcohol (RMLA).

The main proposals in the ballot.

• Age Regulation
• Possession Amount
• Taxation and Tax Allocation
• Penalties

Here is a brief look at the Age Regulations…

AGE REGULATION

• It allows the personal possession and use of marijuana by anyone 21 years of age or older
• Provides for the lawful cultivation and sale of marijuana and industrial hemp by anyone 21 years of age or older
• The act does not replace the Michigan medical marijuana laws but instead provides a regulatory rules for recreational marijuana. The regulation would be that a person between the ages of 18 and 20 could possess medical marijuana with a valid medical card; but that same person could not possess recreational marijuana until they turn 21.

More Info

• Initiation of the Michigan Regulation and Taxation of Marihuana Act – Detailed

Laws change – so please consult an attorney before taking any legal action or doing anything you may have the slightest feeling is illegal when it comes to marijuana / cannabis personal or commercial use.