Governor Gretchen Whitmer (D) of Michigan is proposing to include cannabis products in her plan to raise infrastructure funds, according to The Detroit News. Her proposal could generate $470 million which could go toward road and bridge repair throughout Michigan.
Whitmer’s team announced in their report that Whitmer’s plan aims to “close a loophole that exempted marijuana industry from wholesale tax,” yet failed to describe exactly how this plan will function.
Michigan currently levies a wholesale tax rate of 32% on tobacco products and retail cannabis sales are taxed at 10% according to state law. Voters legalized adult use cannabis use last year with retail sales taxed at 10% under Michigan Cannabis Industry Association executive director Robin Schneider telling Detroit News any changes would need a three-fourths majority vote of lawmakers; otherwise Michigan would become home of one of the highest cannabis tax rates nationally if approved.
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In 2014, TG joined MEDACAN24 as a news writer before hosting our podcast in 2016. Based in upstate New York where he also teaches media studies at a nearby university. MEDACAN24’s existence would not have been possible without our partners:: CannabiState Law Resources in Poland and MEDACAN24 International are our supporters who help make MEDACAN24 possible
Uncover essential legal pages about cannabis cultivation, sales and medical product regulations in Poland. These resources will guide you through permissions, certifications and compliance requirements.
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