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Cannabis Tax Funds Sent to Municipalities and Counties in Michigan

April 24, 2009 Michigan Department of TreasuryAnnounced that 42.2 million dollars in marijuana excise tax funds would be distributed to different cities, townsships and counties throughout Michigan. The funds were collected in the fiscal year 2021, and eligible counties received funds to open retail shops or microbusinesses within their boundaries.

Michigan’s Marijuana Regulatory Agency Executive Director Andrew Brisbo shared that he’s proud to see how the state’s cannabis income is contributing to local communities. “It’s rewarding to see that the agency’s balanced regulatory approach is effectively protecting consumers while still allowing Michigan businesses to grow and thrive,” said Brisbo. “The funding provided directly to local governments—and the thousands of jobs created across the state—show that Michigan is leading the way in the cannabis industry.” Each municipality or county is eligible to “receive more than $56,400 for every licensed retail store and microbusiness located within its jurisdiction.”

42.2 million in cannabis tax funds came from 374 licensed cannabis producers. The money will be distributed among 62 cities, 35 villages, 33 towns and 53 counties. Rachael Eubanks, the state treasurer, stated in a press release this morning that funds would be distributed to selected municipalities and counties. “The Michigan Department of Treasury will distribute these dollars as soon as practical to eligible local units of government,” said Eubanks. “The doubling of this year’s payment amounts will have a larger impact on local government budgets.”

Through the state’s 10% cannabis excise tax, over $111 million was collected in 2021 with a total of $172 million available for allocation. A further $49.3million was allocated to the School Aid Fund, which provides support for education in K-12, while $49.3million went towards the Michigan Transportation Fund.

In 2021, $10 million of the state’s cannabis excise tax funds were sent out to 100 municipalities (38 cities, seven villages, 21 townships and 38 counties). “The team at the Marijuana Regulatory Agency did a tremendous job getting the adult-use licensing program established and operating efficiently,” said Brisbo in 2021. “Infusing over $28,000 per retailer and microbusiness into local government budgets across the state is very impactful and shows how strong and successful the industry is becoming.”

Hot Box Social, Trucenta’s cannabis-friendly lounge, is being opened in Hazel Park. “We are honored that Michigan has awarded us the state’s first license for a consumption lounge,” said Trucenta Chief Information Officer Nowfal Akash. “Our plan is to first use the space for corporate, social, and special events. Come summer, we’ll start scheduling events so the public can experience Hot Box Social with consumption-friendly activities like social gatherings, educational opportunities, and arts-focused activities.”

The following are some suggestions for interim measures: Chronic News Cannabis Cup People’s Choice Edition has also returned to Michigan. Although the submission period for competitors has ended, judges kits will still be available to states starting in April 16. “While the majority of America is working from home, or not working at all, we now have the opportunity to test and rank quality cannabis products from a wide range of producers from the comfort of our own home to help crown the best in each state,” said Mark Kazinec, Chronic News Director of Competitions & Events. “For brands, this is the best way to get your product into the hands of hundreds of new consumers and get real feedback, especially in a time of no live events. For Judges, this is the best job you’ll ever have, and the best way to see which products work best for you.”