Michigan Cannabis Market Nets $60M Windfall for Local Governments

Tens of millions of dollars have been doled out to local governments across Michigan as a result of the state’s cannabis industry. 

FOX 2 Detroit reports that the state sent out nearly $60 million to counties and local governments.

“Local governments that have approved the recreational sale of weed in their county, city, village, or township will see approximately $51,800 for every retail store and micro-business that it’s handed out licenses to,” the station says.

According to FOX 2 Detroit, “Only 30% of total adult-use sales go to local governments, with the other 70% going to schools and roads. When

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Tens of millions of dollars have been doled out to local governments across Michigan as a result of the state’s… Continue reading
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