Ron Strider
Well-Known Member
There was a lineup of people with briefcases and tens of thousands of dollars in hand outside Bangor Township Hall Friday morning.
The Bay County township started accepting applications for commercial medical marijuana licenses on Sept. 1 after a summer of crafting ordinances to welcome the industry to town. In the first 13 minutes of being opened, the township received 11 applications, each with a $5,000 nonrefundable fee -- the maximum amount permitted under state law.
It's the quickest $55,000 the township has seen in sometime, said Supervisor Glenn Rowley.
"This is a good thing for the township," he said. "I just can't stop thinking about all the spinoff businesses that are going to come as a result of this."
The township has approved no more than 10 Class A grower permits, 10 for Class B and 30 for Class C, the largest designation, which allows for up to a 40,000-square-foot facility and up to 1,500 plants. Rowley believes most of the applications accepted Friday morning were for Class C permits.
Kevin Chang, with Oasis Wellness Center, a medical marijuana firm that is interested in investing $21 million into the former Dow Chemical Co. and Crane Resistoflex building, 4675 E. Wilder Road, and creating more than 100 jobs, was one of the roughly dozen applicants at the township Friday morning. He said his firm is still interested in setting up business in the township.
No real estate has been closed on the old factory at this point, said Art Dore, the Bay City businessman who purchased it from Crane Resistoflex in 2006 for $1.1 million, according to property records.
"I hope it happens soon," he said.
A Bay County Sheriff's deputy was on hand at the township hall Friday in case applicants were paying with cash, Rowley said. Because marijuana is illegal under federal law, it's also illegal for banks to work with any marijuana-related business.
Chang, with Oasis, said he paid with a check.
"Because we haven't set up a medical marijuana facility yet, we can still keep our money with a bank," he said.
After approving applications, the township sends them off to the state for final approval. State officials have said they hope to send out licenses in the first quarter of 2018.
Rowley said there is no hard deadline for commercial growers to submit their applications to the township.
"I think some people thought it was on a first-come, first-serve basis, so they got here early," he said. "That's not the case."
News Moderator: Ron Strider 420 MAGAZINE ®
Full Article: Bay County township sees lineup for medical marijuana applications | MLive.com
Author: Andrew Dodson
Contact: MLive contacts, services and support | MLive Contacts - MLive.com
Photo Credit: Getty Images
Website: Michigan Local News, Breaking News, Sports & Weather - MLive.com
The Bay County township started accepting applications for commercial medical marijuana licenses on Sept. 1 after a summer of crafting ordinances to welcome the industry to town. In the first 13 minutes of being opened, the township received 11 applications, each with a $5,000 nonrefundable fee -- the maximum amount permitted under state law.
It's the quickest $55,000 the township has seen in sometime, said Supervisor Glenn Rowley.
"This is a good thing for the township," he said. "I just can't stop thinking about all the spinoff businesses that are going to come as a result of this."
The township has approved no more than 10 Class A grower permits, 10 for Class B and 30 for Class C, the largest designation, which allows for up to a 40,000-square-foot facility and up to 1,500 plants. Rowley believes most of the applications accepted Friday morning were for Class C permits.
Kevin Chang, with Oasis Wellness Center, a medical marijuana firm that is interested in investing $21 million into the former Dow Chemical Co. and Crane Resistoflex building, 4675 E. Wilder Road, and creating more than 100 jobs, was one of the roughly dozen applicants at the township Friday morning. He said his firm is still interested in setting up business in the township.
No real estate has been closed on the old factory at this point, said Art Dore, the Bay City businessman who purchased it from Crane Resistoflex in 2006 for $1.1 million, according to property records.
"I hope it happens soon," he said.
A Bay County Sheriff's deputy was on hand at the township hall Friday in case applicants were paying with cash, Rowley said. Because marijuana is illegal under federal law, it's also illegal for banks to work with any marijuana-related business.
Chang, with Oasis, said he paid with a check.
"Because we haven't set up a medical marijuana facility yet, we can still keep our money with a bank," he said.
After approving applications, the township sends them off to the state for final approval. State officials have said they hope to send out licenses in the first quarter of 2018.
Rowley said there is no hard deadline for commercial growers to submit their applications to the township.
"I think some people thought it was on a first-come, first-serve basis, so they got here early," he said. "That's not the case."
News Moderator: Ron Strider 420 MAGAZINE ®
Full Article: Bay County township sees lineup for medical marijuana applications | MLive.com
Author: Andrew Dodson
Contact: MLive contacts, services and support | MLive Contacts - MLive.com
Photo Credit: Getty Images
Website: Michigan Local News, Breaking News, Sports & Weather - MLive.com
