Tuesday, 02 January 2024 12:17 GMT

420 With CNW - Michigan Files Defense In Case Challenging Its New Marijuana Taxes


(MENAFN- Investor Brand Network) The state of Michigan is standing by its newly approved wholesale cannabis tax, stating that the measure complies with the state constitution and does not violate the 2018 ballot initiative that legalized recreational marijuana.

The wider cannabis industry, including companies like Canopy Growth Corp. (NASDAQ: CGC) (TSX: WEED) will be hoping that a...

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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