TL/DR –
Through the Michigan Regulation and Taxation of Marijuana Act, $87 million is being distributed to local governments this year, with nearly $6 million going to the Upper Peninsula based on the number of retailers. The payout is $59,000 per business, with Marquette County set to receive $886,000, a significant increase from the $100,000 it received four years ago. According to County Administrator Scott Erbisch, the funds, which have exceeded the county’s planned budget by several hundred thousand dollars, will go towards the county’s general fund supporting services like the courts, sheriff’s department, and the treasurer’s office.
Michigan Regulation and Taxation of Marijuana Act Allocates $87 Million to Local Governments
Under the Michigan Regulation and Taxation of Marijuana Act, $87 million will be allocated to local governments this year. The Upper Peninsula alone will receive almost $6 million, based on the number of marijuana retailers within the region.
Marquette County Receives $886,000 in Marijuana Payments
The revenue distribution includes a substantial $886,000 for Marquette County, a significant increase from previous years according to County Administrator Scott Erbisch. These funds support essential services such as the courts, sheriff’s department, jail, registrar, and treasurer’s office.
Marijuana Tax Payouts Surpass Budget Expectations
The payouts, awarded at $59,000 per business, have exceeded the county’s budgetary expectations. This was mirrored in Marquette City, where City Manager Karen Kovacs reported the city received $295,000, significantly higher than their anticipated $200,000. The additional funds will help balance the city’s budget.
Nearly $6 Million Funding Boost for Upper Peninsula
Overall, the Upper Peninsula will receive nearly $6 million from the Michigan Regulation and Taxation of Marijuana Act, adding to local economies and supporting key public services. The allocation is a clear sign of the growing economic impact of adult-use marijuana in Michigan.
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