Marijuana Tax

Whitmer Proposes 32 Percent Wholesale Tax On Michigan Adult-Use Cannabis Products

LANSING - Governor Gretchen Whitmer is proposing levying a 32 percent wholesale tax on the sale of adult-use marijuana products to fix Michigan’s roads by adding about $3 billion in additional infrastructure funding each year without commuters paying more. Implementing a new marijuana wholesale tax, similar to cigarette taxes, would generate about $470 million. The industry

By |2025-02-11T11:50:58-05:00February 11th, 2025|Featured, Marijuana Business, News|

Michigan To Distribute $42.2 Million To 163 Municipalities, Counties From Marijuana Taxes

LANSING – The Michigan Department of Treasury announced that more than $42.2 million will be distributed among 163 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act. Next week, 62 cities, 15 villages, 33 townships and 53 counties will be receiving payments from the Marihuana Regulation Fund. For the

By |2022-03-29T10:40:08-04:00March 29th, 2022|Marijuana Business, News|