Top Cannabis and Hemp Political News in the U.S. and around the world
Michigan pot shops rake in $221,000 on first day of legal sales - Cannabis News
Michigan pot shops generated $221,000 in sales Sunday during the state's first day of legal recreational marijuana purchases — generated by three licensed facilities in Ann Arbor.
The total on the first day of legal adult use sales in Michigan doesn’t include the $22,100 paid to the state because of the 10% excise tax on adult use products or the $14,586 generated by the 6% sales tax, according to the Marijuana Regulatory Agency.
The sales from Michigan’s first licensed adult use retailers came roughly 13 months after voters approved a ballot measure legalizing adult use.
Click here to read the complete article
Beth LeBlanc ~ DetroitNews.com ~
- Written by Bruce Kennedy - Editor in Chief
- Category: Cannabis News