The city of Detroit is once again opening its doors to the burgeoning cannabis industry. Following the successful launch of the first 33 recreational cannabis businesses earlier this year, the city has announced the second round of applications for recreational marijuana business licenses. This presents a golden opportunity for entrepreneurs and businesses looking to make their mark in the rapidly growing cannabis market.
This round offers a total of 50 licenses, divided into three categories: 30 licenses for marijuana retailers, 10 for micro businesses, and 10 for consumption lounges. This diverse range of licenses reflects the city’s commitment to fostering a vibrant and varied cannabis industry, catering to a wide array of consumer needs and preferences.
The application process began on Tuesday and will remain open until August 31, giving potential business owners ample time to prepare and submit their proposals. The city will then review the applications, with decisions expected to be made six to eight weeks after the deadline.