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Michigan Cannabis Tax Deadline Collides With 4/20 as Industry Faces Mounting Pressure
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Michigan Cannabis Tax Deadline Collides With 4/20 as Industry Faces Mounting Pressure
LANSING — April 20 is typically a day of celebration for the cannabis industry. But in Michigan this year, 4/20 also comes with a financial reality check. The unofficial cannabis holiday falls on the same day as a key state tax deadline, forcing marijuana operators to balance one of their busiest retail days with one of their most significant financial obligations. Under rules set by the Michigan Department of Treasury, cannabis wholesalers mus…
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