LANSING, MI (WKZO AM/FM) — The Michigan Department of Treasury is distributing nearly $10 million to more than 100 municipalities and counties across the state as part of the Michigan Regulation and Taxation of Marijuana Act.
Several counties in southwest Michigan are included. Kalamazoo and Calhoun counties will be among the areas in the state getting the most money, thanks to several dispensaries located within its borders.
County – Payment Amount – # of Licenses
- Allegan County – $28,001.32 – 1
- Branch County – $28,001.32 – 1
- Calhoun County – $364,017.16 – 13
- Kalamazoo County – $336,015.84 – 12
City/Township (county) – Payment Amount – # of Licenses
- Bangor (Van Buren) – $56,002.64 – 2
- Battle Creek (Calhoun) – $140,006.60 – 5
- Douglas (Allegan) – $28,001.32 – 1
- Emmett Township (Calhoun) – $196,009.24 – 7
- Hartford (Van Buren) – $28,001.32 – 1
- Kalamazoo (Kalamazoo) – $168,007.92 – 6
- Kalamazoo Twp. (Kalamazoo) – $112,005.28 – 4
- Portage (Kalamazoo) – $56,002.64 – 2
- Quincy (Branch) – $28,001.32 – 1
- Tekonsha (Calhoun) – $28,001.32 – 1
This week, 38 cities, seven villages, 21 townships, and 38 counties began receiving payments from the Marihuana Regulation Fund for every licensed retail store and micro business within its jurisdiction. For the state’s 2020 fiscal year, this means each eligible municipality and county will receive around $28,000 for every licensed retail store or microbusiness.
“The revenue generated from marijuana taxes and fees is important to our local governments,” State Treasurer Rachael Eubanks said. “In this extraordinary time, our staff is working to get those payments to impacted municipalities and counties. Every dollar helps right now.”
For the state of Michigan’s 2020 fiscal year, more than $31 million was collected from the 10% adult-use marijuana excise tax. Combined with fees, there was a total of $45.7 million available for distribution from the fund.
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