Detroit is set to accept applications for the second round of limited marijuana business licenses, with half reserved for "equity applicants" from communities disproportionately affected by marijuana prohibition.
The round offers 30 marijuana retailer licenses, 10 microbusiness licenses, and 10 consumption lounge licenses, aiming to drive growth and accessibility in the local cannabis industry.
After facing legal hurdles and addressing constitutional concerns, the city is actively working to reduce zoning restrictions and host informational sessions to guide applicants.
Successful candidates will be notified approximately six to eight weeks after the August 31 deadline.
The Benzinga Cannabis Capital Conference, the place where deals get done, is returning to Chicago this Sept 27-28 for its 17th edition. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.
Interested in investing in the cannabis industry? Take a look at the following ETFs:
- Cambria Cannabis ETF TOKE
- Amplify Seymour Cannabis ETF CNBS
- AdvisorShares Pure Cannabis ETF YOLO
- ETFMG Alternative Harvest MJ
- AXS Cannabis ETF THCX
- Global X Cannabis ETF POTX
Photo by Estée Janssens on Unsplash.
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The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!