Recreational Marihuana Legalization in Michigan
嚜燎ecreational Marihuana
Legalization in Michigan
November 12, 2015
Michigan Would be 5th State to
Authorize Recreational Marihuana
2
Market Landscape
Market Size
Colorado
Market Structure
Est. 121 metric tons (21 and
older resident)
Population: 5.4 million
Vertically integrated 每
cultivation, processing and
manufacturing, and retail are
common enterprise
Medical Marihuana
Regulated
Home Grow
Allowed (transfer up to one
ounce to a person 21 older)
Misc.
3
Washington
Est. 175 metric tons (all
ages)
Population: 7 million
Three tier 每 producer,
processor, and retailer
Prohibition against
producer/processor also
being a retailer
Unregulated until July 2015
Dispensaries being phased
out 每 retail stores to replace
Prohibited
Michigan (MI Legalize)
???
Population: 10 million
Two tier 每 product
manufacturer and retailer
No prohibition against same
person holding both licenses
Largely unregulated at state
level
Allowed (transfer 2.5 ounces
or less to consumer)
New hemp industry
regulated by Dept. of
Agriculture and Rural Dev.
Regulatory System
Colorado
Washington
Regulatory Level
State 每 top down
Department of Revenue
State 每 top down
Liquor and Cannabis Board
Local Zoning
Ordinance
Licensees and
Limits
Yes
Yes
Required - Producer/
Processor/Retailer/Testing
No limit on number
Uniform based on
establishment type and size
Required - Cultivation/
Manufacturing/Store/Testing
No limit on number
Uniform based on
establishment type and size
Inventory Tracking
(seed to sale)
Testing
Mandatory
Mandatory
Mandatory 每 third party
Mandatory 每 third party
Labeling
Mandatory
Mandatory
Fees
4
Michigan (MI Legalize)
Local governments
Dept. of Treasury responsible
for tax collection
Yes
Required - ※marihuana
establishment§
No limit on number
Unknown, likely non-uniform
(not to exceed $5,000 per
establishment)
Not Mandatory
Not mandatory (implied for
edibles)
Mandatory
Can Marihuana Solve the State*s Fiscal Problems?
5
Colorado
Washington
Michigan (MI Legalize)
Taxes
15% (wholesale rate)
10% (retail sales)
State sales tax
Local sales tax if applicable
37% retail sales
State sales tax
Local sales tax if applicable
10% retail sales
State sales tax
Local taxes prohibited by
state constitution
Medical Marihuana
Exempt
State Tax Revenue
Yes 每 but pays sales tax
Yes
Revenue Disposition
State (enforcement)
Local governments
School construction
No 每 but exempt from
sales tax
FY2015 ~ $70M
FY2019 ~ $369
General Fund
Local governments
FY2015 ~ $88M
???
Transportation (40%)
Schools (40%)
Local governments (20%)
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- medical marijuana bad for your community
- recreational marihuana legalization in michigan
- sample ordinances regulating medical marijuana facilities
- caregiving as a business under the michigan medical
- unofficial document compiled by marijuana michigan
- state marijuana cannabis taxes 2020
- the center for local state and urban policy michigan public
- department of licensing and regulatory affairs
Related searches
- list of recreational marijuana stores in massachusetts
- recreational marijuana stores in colorado
- recreational marijuana shops in boston
- marijuana legalization in nyc
- recreational marijuana dispensaries in massachusetts
- recreational marijuana dispensaries in boston
- recreational marijuana legalization new york
- medical marijuana legalization in 2019
- cannabis legalization in new york
- marijuana legalization in tennessee 2018
- marijuana legalization in nj
- purchasing rules in michigan for recreational pot