LAWTON, Mich. (WOOD) — Part of the new state budget comes with a 24% excise tax wholesale price on marijuana.
The revenue collected would go to new road fund. But cannabis industry members say it will do more harm than good.
“I just don’t understand. They can’t comprehend the amount of taxes that will be lost if it truly affects the industry in the way we think it will,” said Thomas Docekal, founder of Green Hippo Provisioning outside of Lawton…