TRAVERSE CITY — Michigan’s recreational marijuana industry is adjusting to a wholesale tax increase now in effect, raising concerns about prices for consumers and the future of dispensaries across the ...
Michigan's $3 billion recreational marijuana market is on the verge of a shake-up. A new 24% wholesale tax is set to take effect next year. Proposed legislation to cap licenses and crack down on ...
Michigan's cannabis market is one of the largest markets in the country by volume. A 24% tax on marijuana threatens to disrupt this growth.
Despite an increase in product sold, Michigan cannabis stores reported about $3.17 billion in revenue last year, $113 million less than 2024.
DETROIT -- Michigan voters on Tuesday made their state the first in the Midwest to legalize recreational marijuana, passing a ballot measure that will allow people 21 or older to buy and use the drug ...
In the summer, the board in mostly rural Niles Township gave a preliminary OK to 21 cannabis stores along one road currently dotted with businesses and surrounded by farmland. On Tuesday, Nov. 4, ...
On Tuesday, Michigan became the nation’s 10th state, along with the District of Columbia, to legalize recreational cannabis with the passage of Proposal 18-1, also known as the Michigan Regulation and ...
The Oakland Press on MSN
Some cannabis retailers say price hikes from new 24% tax won’t hit customers for now
While marijuana retailers are now paying more to stock their shelves, an Oakland County shop owner is among those maintaining prices for products purchased before the state’s new 24% wholesale tax was ...
In the summer, the board in mostly rural Niles Township gave a preliminary OK to 21 cannabis stores along one road currently dotted with businesses and surrounded by farmland. On Tuesday, Nov. 4, ...
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