Cannabis Cash Coming to County, Cloud & Grant

Distribution to benefit cites, villages, townships and counties throughout the state.

In ‘21 it was $28,000 per dispensary.
Last year it doubled to around $56,000
And this year it will be just a tad under  $52,000.
It’s marijuana money, a bit of an annual windfall for municipalities that have welcomed in cannabis stores to their communities.

What this means locally is that White Cloud with 2 stores will receive nearly $103,682.42, Grant is banking  $51,841.21 for their one dispensary and the county collects $155,523.63 for these three retail shops within its borders.

Big Rapids, where dispensaries seem to open every month, is receiving  $881,300.57 while Mecosta County gets the same for those 17 stores in the Big Rapids marijuana market.

This  annual pot store payout makes its way to the municipality coffers from the excise tax collected by retailers. Revenue was collected from 574 licensees among the state's cities, villages and townships during the 2022 fiscal year. For the 2022 state fiscal year, there was $198.4 million available for distribution from the Marihuana Regulation Fund. State law outlines how much is distributed from the Marihuana Regulation Fund.

Aside from the more than $59.5 million in disbursements to municipalities and counties, $69.4 million was sent to the School Aid Fund for K-12 education and another $69.4 million to the Michigan Transportation Fund.

 In total, more than $1.8 billion in adult-use marijuana sales was reported for Fiscal Year 2022.
And any way you look at it, that is a lot of pot.

For a list of all cities, counties villages and townships receiving disbursements
​​www.michigan.gov/treasury/-/media/Project/Websites/treasury/Uncategorized/2023/Marijuana/FY-2022-Adult-Use-Marijuana-Payments-2-23-23.pdf?rev=a5bc39f6ef584abcb4b987b1b0c8eb0e&hash=