100 Michigan Municipalities get money from Marijuana businesses.

LANSING, Mich. – The Michigan Department of Treasury is distributing nearly $10 million to more than 100 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act.  This week, 38 cities, seven villages, 21 townships and 38 counties began receiving payments from the Marihuana Regulation Fund for every licensed retail store and microbusiness within its jurisdiction. For the state’s 2020 fiscal year, this means each eligible municipality and county will receive around $28,000 for every licensed retail store or microbusiness.  In Upper Michigan, there were six licensees in fiscal year 2020, which means a total of $336,015.84 is going to Dickinson, Houghton, and Marquette Counties along with additional money going to the city of Houghton, Iron Mountain, and Marquette along with Sands and Negaunee townships in the U.P.