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LANSING – People with a small ownership stake in marijuana businesses wouldn’t have to go through an extensive background check under a bill that passed the House on Tuesday.
Currently, a person who wants to invest any amount of money into a marijuana business is subject to a criminal and financial background check by the state Department of Licensing and Regulatory Affairs.
Those background checks have resulted in 131 applicants getting denied either pre-qualification status or an actual license from the state's Medical Marijuana Licensing Board, a five-member body that is appointed by the governor from names recommended by the Senate Majority Leader and Speaker of the House.
