Michigan municipalities to get $42.2 million from adult-use marijuana taxes

The payments will help out local government's budgets — but not in Detroit, which still doesn't allow rec weed sales

click to enlarge A cashier at a Detroit cannabis dispensary. - SE7ENFIFTEEN
A cashier at a Detroit cannabis dispensary.

The Michigan Department of Treasury says it will distribute more than $42.2 million next week to 163 municipalities and counties thanks to taxes collected from the Michigan Regulation and Taxation of Marijuana Act.

In a press release, the department says that comes out to more than $56,400 for every licensed retail store and microbusiness located within the municipalities.

The department says revenue was collected from 374 licensees during the 2021 fiscal year, which generated more than $111 million from the 10% adult-use marijuana excise tax. The revenue also generated $49.3 million for the School Aid Fund for K-12 education and $49.3 million to the Michigan Transportation Fund.

More than $1.1 billion in adult-use marijuana sales was reported for fiscal year 2021, the department says.

"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," Marijuana Regulatory Agency executive director Andrew Brisbo said in a statement. "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."

The payments will help out local government's budgets — but not in Detroit, which still does not allow adult-use dispensaries, though a new ordinance proposed by Councilman James Tate aims to change that.

Stay connected with Detroit Metro Times. Subscribe to our newsletters, and follow us on Google News, Apple News, Twitter, Facebook, Instagram, Reddit, or TikTok.

About The Author

Lee DeVito

Leyland "Lee" DeVito grew up in the suburbs of Detroit, where he read Metro Times religiously due to teenaged-induced boredom. He became a contributing writer for Metro Times in 2009, and Editor in Chief in 2016. In addition to writing, he also supplies occasional illustrations. His writing has been published...
Scroll to read more Marijuana News articles
Join the Metro Times Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state.
Help us keep this coverage going with a one-time donation or an ongoing membership pledge.


Join Detroit Metro Times Newsletters

Subscribe now to get the latest news delivered right to your inbox.