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Adult-use Cannabis Fund Allocations in my township

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(@orthene)
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Topic starter   [#5648]

Treasury: Adult-Use Marijuana Payments Being Distributed to Michigan Municipalities and Counties; More Than $87 Million Going to 269 Municipalities and Counties

Monroe County has 18 licensed facilities. 16 of them are in Monroe Township. Over 1 million dollars will be issued to Monroe County.

Monroe Township will receive $945,381.60
Luna Pier will receive $59,086.35
Petersburg will receive $59.086.35

The Michigan Department of Treasury today announced that more than $87 million is being distributed among 269 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act.
Over the next few days, 99 cities, 30 villages, 69 townships and 71 counties will receive payments from the Marihuana Regulation Fund. For the state of Michigan's 2023 fiscal year, this means each eligible municipality and county will receive more than $59,000 for every licensed retail store and microbusiness located within its jurisdiction.
"This week, many Michigan municipalities and counties will begin seeing their share of adult-use marijuana payments appear in their banking accounts," State Treasurer Rachael Eubanks said. "Through a partnership, the dollars received from the adult-use marijuana taxes and fees are distributed to our participating communities. These dollars may be spent how our local units deem fit to their needs."


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