Jan 02 2026BUSINESS
Michigan's Cannabis Industry Faces a Steep Tax Hike
Michigan's cannabis industry is in for a rough ride as a new tax policy kicks in. Starting January 1st, a 24% wholesale tax joins the existing 10% retail tax and 6% sales tax. This means cannabis products are now hit with a total tax of 40%. This is a big deal for businesses like Green Acres Cannabi
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