[#item_full_content] Just eight months into Michigan’s new 24% wholesale cannabis tax, one of the Upper Peninsula’s largest dispensary chains is closing more than half of its locations, blaming a “mounting tax burden” that has made an already difficult market increasingly unsustainable. 
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Dispensary chain blames Michigan’s 24% cannabis tax as it closes five weed stores
ByPot Shop News
August 10, 2026