MI HB5061

Adds "brokering" as a licensed activity for processor-handlers, defined as promotion of industrial hemp by acting as an intermediary or negotiator between buyers and sellers.

Removes "marketing" from processor-handler licensing requirements and replaces it with "handling" and "brokering" as separate licensed activities.

Clarifies that "handling" means possession, storage, or transport of industrial hemp on registered premises and explicitly excludes selling.

Changes "process" definition from "marketable form" to "intermediary, in-process, or finished commodity or product" to provide broader scope of allowed processing activities.

Removes obsolete "market" definition from statutory definitions and renumbers subsequent defined terms accordingly.