The Business of Cannabis

Michigan’s New 24% Marijuana Tax — When 1st Payment Is Due, What Businesses Need To Know

Mar 18, 2026 | Featured, Great Lakes Region, Michigan

The Michigan Department of Treasury released new guidance, explaining how the new 24% wholesale marijuana tax works and what cannabis businesses need to do as quarterly payments begin this year.

The tax took effect on Jan. 1, 2026, and applies to the first sale or transfer of adult‑use marijuana from a licensed marijuana establishment to a retail licensee, the agency said.

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