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Michigan
Cannabis Market
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Michigan Cannabis Market At-A-Glance

Overall Rating: B-
The Michigan cannabis market is on the rise since adult-use legalization took place 3 years ago. Medical cannabis establishments had a 2 year competitive advantage that many people expected to last until November 2021, but the regulation was lifted in November 2020, causing a huge rise in the competitiveness of the market. Previously to November 2020, the regulations required a business owner to have a medical cannabis license to apply for the recreational license. Since this has been lifted, more social equity opportunities have become available.
Medical Use: Yes
Adult Use: Yes
Market Potential
B-
Michigan is currently experiencing a boom in the cannabis industry, although competition is strong.
Licensing
B
There is no state cap, although the amount of each license is up to the local municipality. The annual fees are done on a tier basis for each different license type. See more information below.
Competition
C
The Michigan cannabis market is extremely competitive.
Tax/Regulatory Structure
A
1 excise tax and 1 state tax.

Michigan Cannabis Details

Population (Rank)
9,987,000
#10
Size/Density
177 sq. miles
#10
Medical Cannabis?
Yes
2008
Adult-Use Cannabis?
Yes
2018
2020 Medical Sales
2022 Projected Medical Sales
$869,000,000
$698,000,000
-19%
2020 Adult Use Sales
2022 Projected Adult Use Sales
NA
$663,000,000
NA
Regulatory Agency
Marijuana Regulatory Agency
https://www.michigan.gov/mra//olcc/marijuana/pages/default.aspx
# of Dispensaries (allowed/issued)
No limit – Up to local municipality
NA
# of Cultivators (allowed/issued)
No limit – Up to local municipality
NA
# of Manufacturers (allowed/issued)
No limit – Up to local municipality
NA
# of Testing Labs (allowed/issued)
No limit – Up to local municipality
NA
Vertical Integration?
Prohibited
Residency Requirements?
No
Social Equity?
Yes

Cannabis Taxes

Combined Tax Rate
16%
Excise Tax
10% (retail price)
Retail Sales Tax
6%
Local Sales Tax
None
State Sales Tax
None
Cultivation Tax
None

Licensing Fees (per year)
*Varies based on gross revenue

Class A Marijuana Grower
Bottom 33% - $3,000 | Middle 33% - $4,000 | Top 33% - $5,000
Class B Marijuana Grower
Bottom 33% - $6,000 | Middle 33% - $8,000 | Top 33% - $10,000
Class C Marijuana Grower
Bottom 33% - $30,000 | Middle 33% - $40,000 | Top 33% - $50,000
Excess Marijuana Grower
Bottom 33% - $30,000 | Middle 33% - $40,000 | Top 33% - $50,000
Marijuana Microbusiness
Bottom 33% - $6,000 | Middle 33% - $8,000 | Top 33% - $10,000
Marijuana Retailer
Bottom 33% - $20,000 | Middle 33% - $25,000 | Top 33% - $30,000
Marijuana Secure Transporter
Bottom 33% - $20,000 | Middle 33% - $25,000 | Top 33% - $30,000
Marijuana Safety Compliance Facility
Bottom 33% - $20,000 | Middle 33% - $25,000 | Top 33% - $30,000
Designated Consumption Establishment
$1,000

Application Fees

Class A,B,C Marijuana Grwoer
$4,000 | $8,000 | $40,000
Excess Marijuana Grower
$40,000
Marijuana Microbusiness
$8,000
Marijuana Processor
$40,000
Marijuana Retailer
$25,000
Marijuana Secure Transporter
$25,000
Marijuana Safety Compliance Facility
$25,000
Designated Consumption Establishment
$1,000
10/09/2021