News and Information about the Business of Cannabis

Report: Michigan Has Collected $271 Million In Adult-Use Taxes Since December 2019

Jan 10, 2022 | Feature, Great Lakes Region, Michigan

A report from the Marijuana Policy Project states Michigan has collected around $271 million in taxes from adult-use marijuana sales since 2019.  Michigan charges 10 percent excise tax on sales and 6 percent sales tax. The report does not include tax information for medical marijuana sales.

The tax revenue break down is shared by municipalities and counties, the School Aid Fund, and the Michigan Transportation Fund. Roughly 5 percent covers start-up and administrative costs. 

“Michigan voters approved an initiative to legalize and regulate cannabis for adults’ use in November 2018. Sales began in December 2019, but localities have been slow to opt in and establish regulations, which delays the transition from the illicit market. Detroit opted in on November 24, 2020,” the report states.

On Wednesday Jan. 12 at 1 pm Andrew Brisbo, Michigan Marijuana Regulatory Agency Executive Director, will appear on Four20 Post to provide the 2021 adult-use and medical marijuana sales report.

The charts below provide details on the Policy Project report.

YearEstimated Michigan State Tax Revenue from Adult-Use Cannabis
  
Dec. 2019$1,118,289
2020$81,705,350
Jan. – Nov. 2021$188,306,010
Total$271,129,649
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