Michigan’s New 24% Wholesale Cannabis Tax: What It Means for the Industry and Consumers
MICHIGAN | Michigan’s cannabis landscape is facing a major shift with the implementation of a new 24% wholesale excise tax on adult-use marijuana, set to take effect on January 1, 2026. This tax, enacted as part of the state’s 2025-2026 budget, adds to the existing tax structure and has sparked intense debate, legal challenges, and […]