Sec. 409. A state operating license is a revocable privilege granted by this state and is not a property right. Granting a license does not create or vest any right, title, franchise, or other property interest. A licensee or any other person shall not lease, pledge, or borrow or loan money against a license.
State operating license as revocable privilege.
Mich. Comp. Laws § 333.27409, under MEDICAL MARIHUANA FACILITIES LICENSING ACT.
Mich. Comp. Laws § 333.27409