Michigan HB4967 amends the Michigan Regulation and Taxation of Marihuana Act to redefine industrial hemp and regulate its sale and distribution.

Michigan HB4967 amends the Michigan Regulation and Taxation of Marihuana Act to redefine industrial hemp as any plant of the genus Cannabis with a THC concentration of 0.3% or less on a dry-weight basis. The bill also regulates the sale and distribution of industrial hemp, including setting THC concentration limits for products intended for human or animal consumption. It outlines procedures for issuing and managing state licenses for marihuana-related businesses, including growers, processors, and retailers.

Michigan HB4967 amends the Michigan Regulation and Taxation of Marihuana Act to redefine industrial hemp and regulate its sale and distribution.

Michigan HB4967 amends the Michigan Regulation and Taxation of Marihuana Act to redefine industrial hemp as any plant of the genus Cannabis with a THC concentration of 0.3% or less on a dry-weight basis. The bill also regulates the sale and distribution of industrial hemp, including setting THC concentration limits for products intended for human or animal consumption. It outlines procedures for issuing and managing state licenses for marihuana-related businesses, including growers, processors, and retailers.