In the past year, the industry sold 7.4 million pounds of flower, edibles and vapes — the equivalent weight of about six of the world’s largest passenger planes, the Airbus A380 — or about 14.5% more ...

State lawmakers approved a new 24% tax on wholesale cannabis transfers, which went into effect Jan. 1, 2026. The tax applies to the first transfer of cannabis from a grower or processor to a retailer, ...

Despite an increase in product sold, Michigan cannabis stores reported about $3.17 billion in revenue last year, $113 million less than 2024.

Michigan's $3 billion recreational marijuana market is on the verge of a shake-up. A new 24% wholesale tax is set to take effect next year. Proposed legislation to cap licenses and crack down on ...

Michigan's cannabis market is one of the largest markets in the country by volume. A 24% tax on marijuana threatens to disrupt this growth.

As Michigan lawmakers finally approved a budget, one piece of the deal included a new tax on wholesale marijuana sales that is intended to help fund future road work. Shortly after 3 a.m. on Oct. 3, ...

While marijuana retailers are now paying more to stock their shelves, an Oakland County shop owner is among those maintaining prices for products purchased before the state’s new 24% wholesale tax was ...