A micro processor license authorizes the licensee to: Transform cannabis into another product or an extract and package and label the cannabis product; and Provide cannabis to licensed dispensaries and independent testing laboratories. A micro processor licensed under this chapter may not exceed the restrictions as established in Alcoholic Beverages and Cannabis Article, §36-401(c)(2)(ii), Annotated Code of Maryland, for the processing of cannabis products. A micro processor licensed under this regulation shall operate in accordance with COMAR 14.17.11. A micro processor licensed under this regulation may convert to a standard processor license under COMAR 14.17.06.07 in accordance with Regulation .08 of this chapter.