Michigan’s cannabis industry is already struggling from plunging prices, layoffs, and shuttered dispensaries and cultivators. Now Gov. Gretchen Whitmer is pushing a whopping 24% wholesale tax on marijuana products that business owners warn will accelerate closures and drive customers to the illicit market. ⁠ ⁠ With little to no warning to the cannabis industry or its consumers, the state House on Thursday voted 78-21 to approve the tax, which is projected to raise $420 million a year. But industry leaders say that estimate ignores the inevitable loss in revenue from losing customers, dispensaries, and cultivators. ⁠ ⁠ More at link in bio. ⁠ ⁠ #Detroit #MetroDetroit #MetroDetroitNews #Michigan #MichiganCannabis #LegalizeIt #420 #GovWhitmer