News Summary Michigan lawmakers have proposed a 24% wholesale tax on marijuana to fund road repairs, projecting $420 million annually. The tax has sparked opposition from cannabis shop owners over potential job losses and higher prices for consumers. Current tax legislation discusses balance between road funding and the impact on
News Summary The proposed 24% wholesale tax on marijuana in Michigan has drawn criticism from advocates and industry stakeholders, fearing it will hurt the struggling cannabis market. While the tax aims to generate funding for road repairs, operators warn it could lead to higher prices and push consumers to illicit
News Summary Michigan has reached a significant budget agreement that secures over $1.5 billion annually for road funding, primarily from a new marijuana sales tax. While falling short of the initial $3 billion proposal, the plan aims to enhance local road conditions and address long-standing infrastructure issues. Key elements include
News Summary The Michigan Retailers Association reports a steady decline in retail sales over the past three months, raising concerns for retailers statewide. While recent figures show challenges, the association remains hopeful for an uptick during the upcoming holiday season. With a key date for holiday shopping set for October
News Summary Michigan Governor Gretchen Whitmer and legislative leaders unveiled a bipartisan budget agreement that focuses on key initiatives including tax cuts, increased funding for education, and infrastructure improvements. The agreement aims to address critical issues facing Michiganders and is designed to be completed before the October 1 deadline. This
News Summary New Baltimore has opened a new Sheetz gas station and convenience store, marking the company’s third location in the metro Detroit area. Officially opened on September 23, the 12 fueling station facility provides 24/7 food options and community contributions, including donations to local charity organizations. Sheetz aims to
News Summary Gas prices in Michigan have increased by 12 cents this week, averaging $3.17 per gallon. Despite this rise, prices remain lower compared to last month and last year. The increase follows a spike in gasoline demand, while supply has decreased, leading experts to suggest further potential price rises.
News Summary Michigan legislators, led by House Speaker Matt Hall, are optimistic about reaching a budget agreement before the October 1 deadline. With the proposed budget from the Senate at $84.5 billion and the House at $78.5 billion, significant negotiations are underway. Disparities in funding, particularly for road infrastructure, remain
News Summary The Michigan House Bill 4087, which allows the state treasurer to invest in cryptocurrency, has advanced to a second reading. Introduced by Republican lawmakers, the bill outlines a framework for state investments in digital assets and includes security measures to manage these investments. However, it faces opposition from
News Summary Northern Michigan cherry farmers are confronting a challenging season marked by declining production rates and economic uncertainties. After enduring severe weather and trade issues affecting yields, many farmers are now questioning the sustainability of their operations. The cherry crop, which is vital to the economy, has seen an
