Michigan Cannabis Group Seeks to Take Down State’s New Pot Tax

A cannabis trade association asked a Michigan trial court to bar enforcement of the state’s 24% excise tax on wholesale marijuana in a complaint filed the day the bill was signed into law.

The law lumps an additional excise tax on top of the existing 10% rate established by the 2018 Michigan Regulation and Taxation of Marihuana Act, passed by voter initiative. That “creates a significantly cumulative excise tax burden that not only defies the will of the voters, but it also invades MRTMA’s exclusive authority over excise taxes,” the Michigan Cannabis Industry Association said Tuesday in a complaint obtained ...