Michigan to bring in $500 Million in Taxes from Rec
MSU’s Product Center Food-Ag-Bio Center conducted a study that finds Adult-Use retail recreational sales could bring in $500 million in tax revenue annually. The study used modeling based on Colorado with population statistics for the great lakes state. The study predicts $298.6 million in excise tax revenues and $197.1 million in sales tax revenues will come from recreational marijuana once the products become “widely available.”When that will be depends on how fast large-scale production produces flower, edibles, and concentrates that can be sold at a price that is competitive with the pervasive black market in Michigan. Currently, folks can buy untested marijuana at half the price on the streets, which hampers the legal market. Medical marijuana prices average in the middle of the recreational and illicit markets. Licensed medical marijuana caregiver, who can grow for up to five patients, “overages” will still be accepted into medical marijuana provisioning centers via licensed growers until October of this year.
Protesters Rally in Favor of Constitutional Rights
On Thursday April 30th, despite the rain, a crowd of protesters gathered on the Capitol lawn in Lansing. The common sentiment appeared to be a mix of anti-government and pro-constitutional freedom.
While some sported Confederate flags, and there was one sign depicting Governor Whitmer as Adolf Hitler that contained a Swastika, the vast majority waved either American flags or “Don’t Tread on Me” styled flags. The ideas expressed on signs were a mixed bag. While most referred to the constitution, civil liberties, and freedom, many also contained an anti-vaxination theme, with Bill Gates name popping up more than once.
Local, mostly rural, small business owners took to the stage and gave testimonials as to the dire straights they find themselves in due to, what they perceive as, unwarranted executive orders. America themed music kept time for the speeches, and warmed the crowd from the cold rain. A not so flattering rendition of “The Candy Man Can” spoofed as “The Government Can” played as a group of children danced while wearing masks of former presidents.
On Thursday April 30th, despite the rain, a crowd of protesters gathered on the Capitol lawn in Lansing. The common sentiment appeared to be a mix of anti-government and pro-constitutional freedom.
While some sported Confederate flags, and there was one sign depicting Governor Whitmer as Adolf Hitler that contained a Swastika, the vast majority waved either American flags or “Don’t Tread on Me” styled flags. The ideas expressed on signs were a mixed bag. While most referred to the constitution, civil liberties, and freedom, many also contained an anti-vaxination theme, with Bill Gates name popping up more than once.
Local, mostly rural, small business owners took to the stage and gave testimonials as to the dire straights they find themselves in due to, what they perceive as, unwarranted executive orders. America themed music kept time for the speeches, and warmed the crowd from the cold rain. A not so flattering rendition of “The Candy Man Can” spoofed as “The Government Can” played as a group of children danced while wearing masks of former presidents.
