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The Cannabis Industry Association says the 24% wholesale tax effectively sets a higher rate on marijuana sales than the 6% sales tax rate set in the Michigan Constitution.
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The bills would tighten regulations on products containing more than 1.75 milligrams of THC, the primary psychoactive in marijuana.
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Michigan's new 24% tax on marijuana is set to take effect January 1. A marijuana industry group says the tax is unconstitutional because it illegally modified a voter-approved initiative.
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A look at the new cannabis tax and its potential effects on the marijuana industry. Plus, researchers share finds from an Indigenous archeological site in the Upper Peninsula.
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A Michigan Court of Claims judge heard arguments Tuesday on whether to pause a new state 24% tax on marijuana before it takes effect on January 1st.
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A 24% wholesale tax on cannabis was the linchpin of a state budget deal adopted in a chaotic process that took lawmakers beyond their deadline to pass a spending plan.
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Michigan lawmakers had been working to allow liquor stores and bars to start carrying hemp products that the federal government now plans to ban or restrict in a year.
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The Michigan state Senate is considering limiting the number of licensed cannabis dispensaries in an area. The marijuana retail sales market is already very competitive and industry leaders are worried it will lead to companies failing.
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First, a look at how proposed taxes on legal cannabis could impact Michigan’s industry. Then, Michigan football great Brian Griese talks about how sports can be more sustainable. And, how Michigan State University’s cooperative extension gives farmers guidance on federal immigration policy.
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The Michigan Cannabis Regulatory Agency is seeking help from state lawmakers to regulate the marijuana industry.