Michigan’s governor is suggesting taxing adult-use cannabis an additional 32% to fund a $3 billion infrastructure plan.
The plan floated by Democratic Gov. Gretchen Whitmer would need to win approval from state lawmakers to become reality, according to the Bridge Michigan nonprofit news outlet.
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But marijuana industry observers fear that an extra 32% wholesale tax – on top of existing excise and sales taxes – would harm the state’s $3.3 billion industry at a crucial time.
Recreational marijuana sales in Michigan are currently subject to a 10% excise tax and a 6% sales tax.
Last year, the state reported collecting $270 million in marijuana taxes from $3.06 billion in sales recorded in 2023.
Of that, $87 million in tax revenue went directly
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