Nearly $100 Million Going to 302 Local Entities and Tribes Across State of Michigan




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*FOR IMMEDIATE RELEASE
**February 21, 2025*

*Media Contacts:
*Ron Leix <[email protected]>, Treasury, 517-335-2167*
*Cannabis Regulatory Agency, [email protected]

Adult-Use Marijuana Payments Being Distributed to Michigan Municipalities, Counties and Tribes [ [link removed] ]

"Nearly $100 Million Going to 302 Local Entities and Tribes Across State of Michigan"

LANSING, Mich. – The Michigan Department of Treasury today announced that nearly $100 million is being distributed among 302 local entities and tribes [ [link removed] ] as part of the Michigan Regulation and Taxation of Marijuana Act.

Over the next few days, 108 cities, 36 villages, 80 townships, 74 counties and 4 tribes will receive payments from the Marihuana Regulation Fund. For the State of Michigan's 2024* *fiscal year, this means each eligible municipality, county and tribe will receive more than $58,200 for every licensed retail store and microbusiness located within its jurisdiction.

"Starting this week, my team will begin to distribute adult-use marijuana payments to Michigan’s local units of government and tribal partners," State Treasurer Rachael Eubanks said. "The dollars received from the adult-use marijuana taxes and fees go toward schools, roads and back into Michigan’s neighborhoods. Local entities and tribes can spend these dollars however they deem fit for their needs."

As a part of recent changes in state law, over $931,000 will be distributed among four federally recognized tribes in Michigan for the first time.

For the 2024 state fiscal year, there was more than $331 million available for distribution from the Marihuana Regulation Fund. Revenue from the state’s 10% adult-use marihuana excise tax and other fees go into the fund.

State law outlines how much is distributed to local entities, tribes, schools, roads and bridges.

Aside from the nearly $100 million in disbursements to municipalities, counties and tribes, more than $116 million was sent to the School Aid Fund for K-12 education and another $116 million to the Michigan Transportation Fund.

“Municipalities, counties, and tribes certainly benefit from their local cannabis businesses in many ways, including good-paying jobs, community involvement, and increased revenues for important priorities in their budget,” said Cannabis Regulatory Agency (CRA) Executive Director Brian Hanna. "This portion of the excise tax revenue makes a direct impact in the communities where our licensees work and live.”

For more information about adult-use marijuana tax distributions -- including a breakdown of how much local entities and tribes received [ [link removed] ] -- go to Michigan.gov/RevenueSharing [ [link removed] ]. To learn more about Michigan's adult-use marijuana industry, go to Michigan.gov/cra [ [link removed] ]. [ [link removed] ]

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This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Michigan Department of Treasury · Lansing, MI 48922 · 517-335-7508
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