ANN ARBOR, Mich. (Michigan News Source) – Ann Arbor will receive $1.4 million from the state in marijuana tax revenue from fiscal year 2022. The city is home to the most marijuana dispensaries in the state.
Each eligible city will receive more than $51,800 for every licensed recreational marijuana retail store and microbusiness within its jurisdiction, according to a Michigan Department of Treasury press release. The distributed funds are part of the state’s Regulation and Taxation of Marijuana Act.
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Washtenaw County is receiving $2.1 million, which is the largest for any county in the state. Overall, $70 million from marijuana tax revenue will go toward the state school aid fund while $60 million is being distributed across the state.
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