Michigan’s New Wholesale Marijuana Tax: Actionable Steps to Prepare Your Business Amidst Uncertainty

Michigan’s recently passed $81 billion 2025-2026 budget included a significant new 24% wholesale tax for cannabis operators. While the state projects that the tax will raise more than $420 million annually, many cannabis operators are left wondering what this means for their business and what they can do to prepare for the change in the upcoming fiscal year.

Join tax expert Clayton Stiffler, CPA, CCIFP, Principal, as he provides clarity on:

• How the wholesale tax will work and who ultimately pays
• How to register, file, and pay for the tax
• How to set up the tax to calculate on customer invoices
• Important dates to know, including due dates, filing frequencies, and the effective date of the tax

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