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flag Michigan to tax wholesale cannabis at 24% starting Jan. 1, 2026, to fund roads, raising total tax to 40%.

flag Michigan will impose a 24% excise tax on wholesale cannabis starting January 1, 2026, raising the total tax burden to 40% when combined with existing taxes. flag The revenue will fund road repairs, drawing criticism from industry groups. flag The tax could increase retail prices, potentially altering consumer behavior and reducing Michigan’s current price advantage over neighboring states like Minnesota, where cannabis is significantly more expensive.

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