Michigan cannabis lawsuit

Michigan Treasury: Too Early To Judge New 24% Marijuana Tax

LANSING — Michigan Treasury officials are pushing back against claims that the state's new 24% wholesale marijuana tax is underperforming, arguing that it is simply too early to judge a tax that took effect less than six months ago. The Michigan 24% marijuana tax has become a flashpoint since it took effect earlier this year.

By |2026-07-06T12:49:58-04:00June 5th, 2026|Marijuana Business, News|

Michigan Cannabis Sales Drop as 24% Tax Hits Industry

LANSING -Michigan cannabis sales are falling sharply as a new 24% tax begins to impact the industry. Michigan cannabis sales recently dropped toward a two-year low, signaling growing pressure on a market once valued at over $3 billion. As new taxes, oversupply and pricing challenges converge, the industry now faces increasing uncertainty.  Michigan’s legal cannabis

By |2026-04-09T09:13:50-04:00March 9th, 2026|Featured, Marijuana Business, News|