Michigan Lifestyle

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Michigan dispensary and road construction
Michigan Business News

Michigan Implements 24% Wholesale Tax on Marijuana Sales

News Summary Michigan Governor Gretchen Whitmer has signed a controversial bill imposing a 24% wholesale tax on marijuana sales, aimed at generating revenue for road repairs. While the new tax could yield $420 million annually, concerns arise over potential price hikes and decreased sales, which may hurt the legal cannabis

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Scenic view of Northern Michigan showcasing senior housing options.
Michigan Business News

Northern Michigan Faces Severe Senior Housing Shortage

News Summary Northern Michigan is experiencing a significant shortage of senior housing, with a projected shortfall of over 30,000 units by 2027. A recent assessment highlights the urgent need for affordable and appropriate options for seniors, especially those on fixed incomes. The challenges imposed by a growing elderly population, including

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Graphic depicting consumer sentiment trends in the U.S.
Michigan Business News

U.S. Consumer Sentiment Hits Five-Month Low

News Summary Consumer sentiment in the U.S. has declined to its lowest point in five months, falling to 55 in October. This marks the third consecutive month of decrease as households express concerns over rising unemployment and persistent inflation. While spending shows slight resilience, overall sentiment remains significantly below historical

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A gavel and justice scale with cannabis leaves
Michigan Business News

MCIA Files Lawsuit Against Michigan’s New Marijuana Tax

News Summary The Michigan Cannabis Industry Association (MCIA) has filed a lawsuit challenging a newly enacted 24% wholesale marijuana tax. Arguing it violates the Michigan Constitution, the MCIA claims the tax was improperly passed and seeks a court ruling to declare it invalid. With a projected revenue of $420 million

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Gavel and cannabis leaves with Michigan state outline
Michigan Business News

Michigan Cannabis Association Challenges New 24% Tax

News Summary The Michigan Cannabis Industry Association has filed a lawsuit against the state over a newly enacted 24% wholesale tax on cannabis that is set to take effect in 2026. The MiCIA argues this tax violates constitutional provisions and is an unlawful increase on the already imposed cannabis taxes.

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Service workers in a restaurant smiling and interacting with customers.
Michigan Business News

Michigan Governor Signs Law Exempting Tips and Overtime from Income Tax

News Summary Governor Gretchen Whitmer has enacted a new law in Michigan that exempts tips, certain overtime pay, and Social Security income from the state’s income tax. Effective next year, this legislation aims to help around 300,000 workers, saving them hundreds of dollars annually. The initiative aligns Michigan’s tax policy

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Community members celebrating tax relief measures in a local restaurant
Michigan Business News

Michigan Implements Tax Relief for Workers and Seniors

News Summary Governor Gretchen Whitmer has enacted a budget bill providing substantial tax relief for working Michiganders and seniors. By removing state taxes on tips, overtime pay, and Social Security benefits, the legislation is expected to save the average worker around $1,700 annually. This timely measure, effective until January 1,

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Graphic showing marijuana leaf combined with road construction elements
Michigan Business News

Michigan Implements 24% Wholesale Marijuana Tax for Road Repairs

News Summary Michigan Governor Gretchen Whitmer has introduced a new 24% wholesale tax on marijuana sales to generate funding for state road repairs. This tax, expected to raise $420 million annually, has faced criticism from the cannabis industry, which warns it may drive consumers to the black market. As Michigan

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Cannabis plant with road construction background
Michigan Business News

Michigan Approves New 24% Wholesale Tax on Recreational Cannabis

News Summary Michigan lawmakers have approved a new 24% wholesale tax on recreational cannabis, set to take effect on January 1, 2026. This tax aims to generate approximately $420 million annually for road construction and repairs. However, the Michigan Cannabis Industry Association (MCIA) has filed a lawsuit, arguing that this

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New In-N-Out restaurant in Tennessee with happy customers
Michigan Business News

In-N-Out Expands to Tennessee with New Locations

News Summary In-N-Out is set to open five new locations, marking its first entry into Tennessee, alongside additional outlets in California and Colorado. The expansion includes three locations in Tennessee, indicating a strategy to enter the Southeastern U.S. market, while fans in Michigan will still have to travel to other

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