DOUGLAS — Town of the village of Douglas is dedicating its share of the taxes on leisure marijuana gross sales to a fund for Blue Star Freeway hall enhancements.
The fund will likely be designated for tasks that advance the protection, financial vitality, environmental sustainability and visible look of the Blue Star Freeway hall in Douglas, as outlined in a 2012 plan.
Town’s annual cost from state taxes and charges on marijuana companies — in 2021, Douglas obtained $28,000 — will likely be collected within the Blue Star fund, town council mentioned.
Town’s two adult-use marijuana companies are on Blue Star Freeway, so it made sense, metropolis employees mentioned, to make use of the cash on Blue Star Freeway enhancements.
Michigan collects charges for marijuana companies and a ten p.c excise tax on gross sales of adult-use marijuana within the Marihuana Regulation Fund, after which distributes the revenues based mostly on a system outlined in state law.
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Fifteen p.c of the unused income is distributed to cities and townships the place leisure marijuana companies have been positioned. Municipalities obtained $28,000 for every enterprise of their bounds.
One other 15 p.c goes to counties with marijuana companies, once more based mostly on the variety of retail shops and micro-businesses.
In whole, the state of Michigan paid out about $10 million to cities, townships and counties the place leisure marijuana companies have been positioned.
Other than the distribution to municipalities and counties, cash from the Marihuana Regulation Fund additionally went to scientific analysis on the results of marijuana in treating veterans’ medical situations, to cowl the executive prices of regulating marijuana companies, to the College Help Fund for Ok-12 schooling and to the Michigan Transportation Fund.
Blue Star Freeway tasks the cash may very well be used for embody sidewalks, bicycle lanes, crosswalks, indicators, research of intersection security and site visitors calming options and tree planting.
— Contact reporter Carolyn Muyskens at [email protected] and observe her on Twitter at @cjmuyskens.
