As the United States and China continue to increase tariffs on each other’s goods, Michigan’s cannabis industry is getting caught in the middle.
President Donald Trump raised tariffs on China to 145% on most goods and 245% on electric vehicles and syringes. China hit back with 125% tariffs on all American exports just last week.
For Michigan’s cannabis industries, the conversation has now turned to parts, packaging and supplies, as much of that is being imported from China.
“It is just another thing to deal with, which it’s already an industry where you’re dealing with a lot,” founder of North Coast Travis Murphy said…