Starting this week, the green fruits of Michigan’s booming marijuana industry will be delivered to communities where dispensaries are based.
Michigan will pay out funds equaling $100 million from the 10% excise tax on recreational marijuana sales to 298 municipalities and 4 tribes.
Marijuana in Ohio costs more than double that of Michigan, yet state lawmakers want to make it even more expensive and less potent.
JACKSON COUNTY, MI - Jackson County is among several Michigan cities to receive more than $1 million in a large disbursement of adult-use marijuana funds. The Michigan Department of Treasury Friday, Feb.
Cass City and Sacred Heart both earn wins in girls basketball
Those who run marijuana dispensaries in Michigan aren’t happy with a proposal by Governor Gretchen Whitmer to raise taxes on their products to pay to fix the roads. Whitmer’s proposed wholesale tax would be 32% on marijuana.
Nearly $1 million in Marijuana Regulation and Taxation of Marijuana Act funds will be distributed to municipalities in Saginaw County. State data shows Saginaw County is tabbed to receive $989,887 from the nearly $100 million being distributed among 302 local entities and tribes across the state.
Undisputed world champion Claressa Shields has been suspended and is under investigation after she tested positive for marijuana following her heavyweight victory over Danielle Perkins in Michigan, per reports.
While Michigan’s legal cannabis industry continues to struggle with plummeting prices and business closures, Gov. Gretchen Whitmer is proposing to more than triple the state’s recreational marijuana excise tax as a solution to help fix the state’s crumbling roads.
While it did in some form — the sale and possession of certain amounts of marijuana is no longer a punishable offense — law enforcement say petty theft and other crimes aren’t deterred. And there’s a rise of victims of marijuana-related crimes subverting investigations as the legal industry has turned to the black market to insulate from record-low prices across the industry.
Lume Cannabis launched a new company in Florida to capture a portion of the national intoxicating hemp market.