Michigan GOP Governor Candidate Pledges Huge Tax Cut For Marijuana Industry, Along With Crackdown On Hemp Products

Michigan GOP Governor Candidate Pledges Huge Tax Cut For Marijuana Industry, Along With Crackdown On Hemp Products

The Republican Party’s nominee for governor of Michigan is promising to repeal or significantly roll back a recently enacted tax hike on the marijuana industry if he is elected in November. He also wants to crack down on sales of unregulated hemp THC products. Last year, lawmakers and Gov. Gretchen Whitmer (D), who is term-limited and cannot run again this year, enacted a new 24 percent wholesale cannabis tax. Industry advocates have argued that…

Michigan GOP Governor Nominee John James Pledges to Repeal or Reduce 24% Marijuana Wholesale Tax

The Marijuana Herald - Marijuana news and information (Photo credit: Bill Clark/CQ Roll Call). Michigan Republican gubernatorial nominee John James says he will seek to repeal or sharply reduce the state’s 24% marijuana wholesale tax if elected governor, making the levy a central part of a broader cannabis policy platform released August 19. The wholesale tax took effect January 1 and is imposed in addition to Michigan’s existing 10% marijuana e…