Republican John James is proposing to “repeal or sharply reduce” Michigan’s new 24% wholesale tax on marijuana and courting industry donors as he competes to be Michigan’s next governor.
The new tax was a key component of the bipartisan road funding deal Democratic Gov. Gretchen Whitmer signed last year, but James argues it “drives up prices, gives illegal operators a competitive edge and has already fallen far short of revenue projections.”
James publicly vowed to repeal or reduce the wholesale tax in mid-August, weeks after he had discussed doing the same at a campaign fundraiser organized by marijuana industry leaders.
