MI HB4963

Requires marihuana establishments to pay for marihuana at the time of transfer when purchasing from another marihuana establishment, prohibiting credit-based transactions between licensees

Adds "agent of the cannabis regulatory agency" as a defined term meaning an employee of the cannabis regulatory agency

Reorganizes and renumbers definitions in the Michigan Regulation and Taxation of Marihuana Act, changing subdivision letters throughout sections 3, 8, 11, and 14 to accommodate the new definition

Restructures Section 11 to separate prohibited activities (subsection 1) from required compliance measures (subsection 2), while maintaining existing restrictions on marihuana establishments

Updates cross-references throughout the act to reflect the renumbered definitions, including references to qualifying Indian tribe requirements and THC limits for industrial hemp products