How much money would michigan make from legal weed

Please be polite. And three of those shops either sold out or had limited supplies of cannabis products. But that total came from 24 stores that had been licensed by the state. Please be polite. Michigan had three stores in Ann Arbor — Greenstone Provisions, Arbor Wellness and Exclusive Brands — operating on the first day of marijuana sales for adult recreational use.

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Lots of people think it’s time already to legalize it. So how much do you think could it bring in every year? It’s not like we’d be losing that much and I think gun violence would go down. All it would take to make Billions would be the right laws around it. It would create jobs too! BTW, people who think it would make more addicts must live in a bubble, virtually everyone has tried it at one time or another in their life and its pretty easy to get even .

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Listen Listening Well, part of it, at least. But not everything goes into effect right away. Here are five things you need to know before lighting up this week. Starting Thursday, Dec.

Marijuana sales total $221,000 on first day in Michigan

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Jake May MLive. Weeks to go until legao weed becomes legal in Illinois. While five retail stores are operating now, another 13 have been licensed by the state but most don’t have opening dates. Any landowner, including landlords, businesses, colleges and universities, may ban cannabis use on their premises, and employers may have a zero-tolerance policy how much money would michigan make from legal weed workers from having THC in their systems. Cancel Send. The excise tax would go away on medical marijuana if voters decide to legalize, Hovey said. Truck, Semi Crash Sends 1 to Hospital. She said that regulators are meeting their deadlines in implementing the program. The retail sales tax on marijuana was 10 percent from January to Juneat which point the rate was increased to 15 percent. We wanted to take a closer look at how recreational marijuana is taxed in Michigan and how it compares to other states. Dashboard Logout. In addition to the state’s 15 percent excise tax paid by the buyer, marijuana products are also subject to state and county sales taxes — as well as any local taxes on marijuana products. There are no local sales taxes. News Wkuld.