Michigan cannabis revenue fell to $206.18 million in February 2026, marking a 14.8% year-over-year decrease attributed to a new 24% wholesale tax.

New 24% wholesale tax continues to punish Michigan cannabis

Mar 10, 2026

Source:

Margaret Jackson

MJbizDaily

Preliminary Headset data projects that statewide cannabis revenue sank to
$206.18 million last month – a 14.8% drop from February 2025.

New 24% wholesale tax continues to punish Michigan cannabis is a post from: MJBizDaily:
Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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