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Cannabis Accounting in Michigan

<h2 id="whatisthetaxrateformarijuanainmichigan">What is the Tax Rate for Marijuana in Michigan?</h2>
<p>The legislation, named the Michigan Regulation and Taxation of Marihuana Act (MRTMA), introduces the following taxes on retail cannabis sales:</p>
<ul>
<li><strong>Marihuana Retailers Excise (MRE) Tax:</strong> 10%</li>
<li><strong>Sales Tax:</strong> 6%</li>
</ul>
<h2 id="michigancannabisindustrytaxes">Michigan Cannabis Industry Taxes</h2>
<p>The data shows the amount of sales and use tax generated by <a href="https://michigancannabis.org/business">marijuana businesses in Michigan</a>.</p>

<table>
<thead>
<tr>
<th><strong>Fiscal Year</strong></th>
<th><strong>Marihuana Excise Tax</strong></th>
<th><strong>Medical Marihuana Excise Tax</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2021-22</td>
<td>$169,448,000</td>
<td>$54,000</td>
</tr>
<tr>
<td>2020-21</td>
<td>$101,589,000</td>
<td>$158,000</td>
</tr>
<tr>
<td>2019-20</td>
<td>$17,880,000</td>
<td>$20,000</td>
</tr>
<tr>
<td>2018-19</td>
<td>-</td>
<td>$576,000</td>
</tr>
<tr>
<td>2017-18</td>
<td>-</td>
<td>-</td>
</tr>
</tbody>
</table>
<p>Last Updated: June 24, 2024</p>
<p>Source: Michigan Department of Treasury</p>

Explore the latest and historical data for the sales taxes collected by Michigan businesses. Gain valuable insights into the state's evolving cannabis business program at MichiganCannabis.org

Michigan Marijuana Tax Revenue 2025

Related Pages:

What is the Tax Rate for Marijuana in Michigan?

Michigan Cannabis Industry Taxes

Fiscal Year	Marihuana Excise Tax	Medical Marihuana Excise Tax
2021-22	$169,448,000	$54,000
2020-21	$101,589,000	$158,000
2019-20	$17,880,000	$20,000
2018-19	-	$576,000
2017-18	-	-