Marijuana Legalization Could Generate $175 Million In New Michigan Taxes

EAST LANSING – If passed on November 6, Proposal 18-1 that would legalize the recreational use of marijuana would generate between $81 million and $175 million in additional sales and excise tax revenues in 2023, which is when the market would likely reach maturity.

Source: Marijuana Legalization Could Generate $175 Million In New Michigan Taxes