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Michigan to tax wholesale cannabis at 24% starting Jan. 1, 2026, to fund roads, raising total tax to 40%.
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.
The revenue will fund road repairs, drawing criticism from industry groups.
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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Michigan para gravar el cannabis al por mayor en un 24% a partir del 1 de enero de 2026, para financiar carreteras, elevando el impuesto total al 40%.