As lawmakers consider limits on new cannabis licenses, state data suggests oversupply—not weak demand—is driving Michigan's marijuana market turmoil. LANSING — Michigan consumers purchased nearly $258 million worth of recreational marijuana in May, putting the state's cannabis industry on pace for another year of more than $3 billion in sales. Yet despite record-level consumer demand,
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.
LANSING - The Michigan Supreme Court has hit pause on a high-stakes legal battle over Michigan’s controversial 24% cannabis tax—while ordering a lower court to move fast in deciding its future. In an unusual move signaling urgency, the justices directed the Michigan Court of Appeals to take up the case on an expedited track. For
LANSING — April 20 is typically a day of celebration for the cannabis industry. But in Michigan this year, 4/20 also comes with a financial reality check. The unofficial cannabis holiday falls on the same day as a key state tax deadline, forcing marijuana operators to balance one of their busiest retail days with one
ANN ARBOR - Michigan’s cannabis industry posted a strong rebound in March, reversing a sluggish start to 2026, but underlying data shows the market remains under significant pressure from falling prices, oversupply, and new taxes. After a sharp drop in January and only modest recovery in February, March sales climbed noticeably—signaling that consumer demand remains
LANSING - The Michigan Department of Treasury has issued updated guidance on the state’s new 24% wholesale marijuana tax, giving cannabis operators long-awaited clarity—but also intensifying pressure as the first tax payments come due April 20. The deadline arrives as the tax faces a fast-tracked legal challenge now headed directly to the Michigan Supreme Court,
ANN ARBOR - Michigan businesses—from auto suppliers and logistics firms to restaurants and cannabis operators—are facing a converging wave of cost pressures that could slow hiring, delay expansion, and squeeze already thin margins. The challenge isn’t coming from one direction. It’s coming from three at once: Rising fuel and energy costs Global tariffs and supply
ANN ARBOR — A legal battle now unfolding before the Michigan Supreme Court could have far-reaching consequences not just for the state’s cannabis industry, but for how Michigan lawmakers handle voter-approved laws in the future. At the center of the dispute is a controversial wholesale cannabis tax, adopted as part of a broader effort to
LANSING — What began as a plan to fix Michigan’s crumbling roads is rapidly turning into one of the most consequential legal battles in the state’s cannabis era — a case that could redefine not only how marijuana is taxed, but how much power lawmakers have to alter voter-approved laws. At the center of the
LANSING - Michigan’s controversial 24 percent wholesale cannabis tax is facing challenges on two fronts — in the Legislature and in the courts — as lawmakers move to repeal the levy just months after it took effect. A bipartisan group of Michigan legislators has introduced bills that would eliminate the wholesale tax, arguing the measure
