Michigan’s CBD rule was blamed for driving manufacturers out of state.
The new law takes effect in March and creates a new hemp “processor-handler license.”
Michigan voters decided last November to lift restrictions on growing industrial hemp.
The new law sets hemp fees at:
- $1,350 for an annual license to process hemp.
- $100 for an annual fee to grow hemp.
Michigan estimates it will need about three employees and $500,000 to run its new hemp program.