Michigan Lawmakers Approve New 24% Wholesale Cannabis Tax

Ganjapreneur
By Graham AbbottOct 6, 2025, 9:56 am66 pts
Michigan lawmakers have passed a budget proposal that includes adding a new 24% wholesale tax on the cannabis industry. The House passed the proposal within hours of its unveiling last month, 78-21, and the Senate narrowly passed the proposal in a 19-17 vote on Friday. Lawmakers were moving quickly to set the…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Supreme Court Asked To Take Up Case Of Man Prosecuted For Lying About Marijuana Use While Buying Guns 76

The Cannabist Co. Co-Founder Michael Abbott Resigns From Board 72

Michigan Lawmakers Approve New 24% Wholesale Cannabis Tax 65

Leading Change in the Cannabis Industry: Candy Angel Recognized by Women Grow for Social Impact Efforts 64

Most People Who Drink THC-Infused Cannabis Beverages Reduce Their Use Of Alcohol, Survey Shows 63

Michigan Senate approves 24% cannabis tax to fund state road improvement 62

Verano Provides Update on Canadian Postal Strike 62

Social Equity Brand 40 Tons Enters Minnesota’s Legal Market with their First Direct-to-Consumer THC Edible in Partnership with Minny Grown 61

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.