LANSING, Mich. (WILX) – Cities and counties in Michigan are receiving funds collected from recreational marijuana sales, the State Treasury announced Friday.
Nearly $100 million will be distributed to 301 communities and tribes as part of the Michigan Regulation and Taxation of Marijuana Act.
In total, 108 cities, 36 villages, 80 townships, 74 counties and four tribes will receive payments. This means every eligible community received an average of $58,200 for every licensed marijuana business within its jurisdiction.
“Starting this week, my team will begin to distribute adult-use marijuana payments to Michigan’s local units of government and tribal partners,” State Treasurer Rachael Eubanks said in a statement. “The dollars received from the adult-use marijuana taxes and fees go toward schools, roads and back into Michigan’s neighborhoods. Local entities and tribes can spend these dollars however they deem fit for their needs.”
Mid-Michigan cities receiving funding:
Ingham County
East Lansing: $291,143Lansing: $1,397,487Leslie: $58,228Webberville: $58,228Jackson CountyJackson City: $291,143Leoni Township: $698,743Parma Township: $58,228Pulaski Township: $58,228
Clinton County
Bath Township: $58,228
Eaton County
Charlotte: $174,685Hillsdale CountyCamden: $232,914Jefferson Township: $174,685Reading: $174,685
$931,000 will be goi ng to four federally recognized tribes for the first time due to changes in state law.
Additionally, $116 million was sent to the School Aid Fund and $116 million was sent to the Michigan Transportation Fund.
“Municipalities, counties, and tribes certainly benefit from their local cannabis businesses in many ways, including good-paying jobs, community involvement, and increased revenues for important priorities in their budget,” said Cannabis Regulatory Agency (CRA) Executive Director Brian Hanna. “This portion of the excise tax revenue makes a direct impact in the communities where our licensees work and live.”
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