Michigan Treasury News

Michigan 24% Wholesale Marijuana Tax Effective January 2026

The Michigan Department of Treasury announces a new 24% wholesale tax on recreational marijuana sales and transfers effective January 1, 2026. The tax applies to the wholesale price of marijuana sold or transferred in Michigan's adult-use market. Revenue from the tax will be deposited into the neighborhood road fund for infrastructure improvements. Treasury has published formal guidance to help cannabis businesses understand compliance requirements.

Michigan Bulletin on Wholesale Marihuana Tax

The Michigan Department of Treasury has issued Revenue Administrative Bulletin 2026-3 to explain the new excise tax on wholesale transfers and sales of adult-use marihuana. This bulletin clarifies who is taxed, the tax base, and the return and remittance procedures under the Comprehensive Road Funding Tax Act.

Michigan Tax Relief for Storm-Impacted Counties

The Michigan Department of Treasury has announced tax relief measures for residents and businesses in counties impacted by severe storms in March 2025, May 2024, July 2025, and March 2026. Specific counties are listed for each event, with links to further details on the relief provided.

Michigan Enacts 24% Wholesale Marijuana Tax

Michigan has enacted a new 24% wholesale tax on recreational marijuana, effective January 1, 2026. This tax will be administered by the State Department of Treasury and revenue will fund infrastructure improvements.

Michigan Treasury Tax Policy and Update Newsletters

The Michigan Department of Treasury provides access to its Tax Policy and Update Newsletters. These newsletters offer updates and information relevant to tax policy and administration within the state. The content is updated periodically with new editions available for review.