Democratic Gubernatorial Hopeful Promises to Repeal Cannabis Tax Key to Whitmer’s Road Funding Plan

Democratic gubernatorial hopeful promises to repeal cannabis tax key to Whitmer’s road funding plan

Genesee County Sheriff Chris Swanson announces that he is seeking the Democratic nomination for governor during a rally in Flint, Mich., on Feb. 6, 2025. (Photo by Andrew Roth/Michigan Advance)Genesee County Sheriff and Democratic gubernatorial candidate Chris Swanson came out strongly in opposition to the 24% cannabis tax passed as a part of the Fiscal Year 2026 budget to pay for Gov. Gretchen Whitmer’s plan to fund road repairs statewide.  In …

Too High To Thrive: Excessive Cannabis Taxes Are Undermining Legal Markets (Op-Ed)

“Higher taxes do not eliminate consumer demand. They simply change where consumers buy their cannabis.” By Rodney Holcombe, LeafLink In recent piece, The New York Times editorial board called for a federal tax on cannabis and urged states to raise their own taxes to “dollars per joint, not cents.” That argument assumes cannabis is lightly taxed today—but across the country, the opposite is true. Taxes on legal cannabis are higher than almost eve…