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Marijuana Market Meltdown Michigan's Tax Disaster | TDR Cannabis in 5
What happens when a state taxes its own cannabis market out of existence?That’s the question Michigan’s industry is facing after lawmakers approved a 24% wholesale cannabis tax, a move projected to raise $420 million annually — but one that could push many operators to the brink.In this episode of TDR Cannabis in 5 presented by Dutchie, host Shadd Dales breaks down why this tax hike has sparked protests, legal threats, and fears of an industry collapse. Michigan’s market has already been hammered by unlimited licensing, plunging wholesale prices, and oversaturation. Now, this new tax could…
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