Mega-Thread: New Michigan 24% Wholesale Marijuana Tax & Subreddit posting policy

To keep the sub organized and prevent the feed from being flooded, we are consolidating all discussion about the newly passed marijuana wholesale tax into this Mega-Thread.

​ 🛑 New Temporary Posting Rule (Effective Immediately):

​ ⭐ Any new post on the subreddit about the new Michigan 24% wholesale marijuana tax (HB 4951) will be removed. As of now this is the only approved post for discussions, links, and news related to the new Michigan marijuana tax increase - all other posts will be removed.

​ ⭐ The New Tax: What You Need to Know

• The Michigan Legislature has passed House Bill 4951 (HB 4951), which introduces a significant change to the state's cannabis taxation.

​* Read the full bill text for HB 4951 here

• The Tax: A new 24% Excise Tax on the price of wholesale adult-use marijuana transfers to retailers.

• The Problem: This tax is added on top of the existing 10% retail excise tax and the 6% state sales tax. Industry analysts warn this will push the effective tax rate in Michigan to one of the highest in the nation, potentially forcing companies out of the legal market and raising consumer prices dramatically.

• The Purpose: The revenue generated is primarily earmarked for the state's road and infrastructure funding.

• Effective Date: The tax is scheduled to begin on January 1, 2026, pending the Governor's signature and the enactment of companion bills.

Shoutout to the team for putting this together.