Michigan to distribute nearly $100M in marijuana tax revenue
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MLive - GrandRapids/Muskegon/Kalamazoo on MSNDetroit, Ann Arbor, Grand Rapids among top recipients of Michigan marijuana tax moneyThe state Treasury on Friday, Feb. 21, announced its intent to pay nearly $100 million in marijuana excise tax disbursements ...
Marijuana has become a major source of revenue for the state and its municipalities and one of the largest “sin tax” ...
Related: Michigan marijuana company Pincanna cuts jobs amid ... And since marijuana remains illegal under federal law, financial safety nets, like bankruptcy, aren’t available to them.
Michigan isn’t the only state considering tax increases on the marijuana industry ... not,” said an article from Dykema’s Cannabis Law Blog, which argued the industry already pays its ...
While marijuana use has become increasingly accepted across various sports, including boxing, Michigan’s athletic commission still enforces regulations that prohibit its presence in an athlete ...
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