Michigan’s governor signed two bills into law that will allow Native American tribes and the state to form compacts to regulate and tax marijuana.
The legislation also permits tribal- and state-licensed operators to sell cannabis to one another.
ADVERTISEMENT
Gov. Gretchen Whitmer signed Senate Bill 179 and SB 180 into law on Thursday, according to Michigan legislature records.
In addition to permitting cannabis agreements between the state and tribes, the bipartisan laws:
Will exempt marijuana sales by tribal operators on tribal lands from Michigan’s 10% excise tax. Allow the transport of marijuana between tribal operators and state-licensed operators, while requiring the tribal businesses to pay the same taxes as regulated companies. Allocate a portion of the Marihuana Regulation Fund to tribes for tribal cannabis operator sales.
ADVERTISEMENT
The Grand Traverse Band of Ottawa and Chippewa Indians, the Sault Tribe of
Read full article on Marijuana Business Daily
