JACKSON COUNTY, MI – Jackson County is among several Michigan cities to receive more than $1 million in a large disbursement of adult-use marijuana funds.
The Michigan Department of Treasury Friday, Feb. 21, announced about $100 million will be distributed among 302 local entities and tribes as part of the Michigan Regulation and Taxation of Marijuana Act.
A total of 108 cities, 36 villages, 80 townships, 74 counties and four tribes will receive payments from the Marihuana Regulation Fund starting Friday, state officials said in a news release.
Each eligible municipality, county and tribe will receive more than $58,200 for every licensed retail store and microbusiness located within its jurisdiction, officials said.
“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. “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.”
Jackson County, which has 20 retailers recognized by the initiative, will receive a total of $1,164,573.20. Here’s a breakdown of how much individual communities will get:
The city of Jackson will get $291,143.30 for five licenses.Leoni Township will get $698,743.92 for 12 licenses.The village of Brooklyn will get $58,228.66 for one license. Parma Township will get $58,228.66 for one license. Pulaski Township will get $58,228.66 for one license.
Detroit, the state’s most populous , was the city to benefit the most from the disbursement, receiving $3,144,347 for its 54 licensed retailers. Wayne County as a whole, the most populous count, will get about $5,007,664.76, with 86 licenses.
Ann Arbor and Grand Rapids were next on the list of cities, receiving about $1,513,945 and $1,455,716, respectively. The city of Coldwater, located about 50 miles southwest of Jackson in Branch County, was also included in the state top 10, receiving $756,972.58 for 13 licenses. Branch County is on the border of Indiana, where marijuana has not been legalized.
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More than 300 Michigan communities and tribes will receive funds based on their number of marijuana retailers. Read More
