Michigan Approves 24% Wholesale Cannabis Tax, Sparking Industry Outcry and Fears of Black Market Resurgence
LANSING, MI – Michigan lawmakers have passed a contentious 24% wholesale tax on marijuana, a move projected to generate approximately $420 million annually for state road and bridge repairs. The legislation, which was approved as part of a larger budget deal, is slated to take effect on January 1, 2026, but has been met with…

