CANNABIS TAX

Starting in 2026, Michigan is rolling out a bunch of new laws that will affect everyday life. From higher wages to stricter rules on ticket sales, these changes aim to address current economic and social issues. One big change is the new 24% wholesale tax on recreational marijuana. This is on top o

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