Written By Lexx Thornton On October 7, Michigan Governor Gretchen Whitmer signed an $81 billion budget that includes a new 24% wholesale tax on cannabis to fund her ambitious road improvement plan. This tax, levied on transfers between cannabis businesses, takes effect on January 1, 2026, and is projected to raise approximately $420.7 million annually. The new wholesale tax is added atop the existing 10% cannabis excise tax and the 6% state sales tax, raising concerns that the total tax burden will significantly increase dispensary prices and drive consumers toward the unregulated market. Governor Whitmer hailed the budget, which passed
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