The Cole Memo | Ep. 232 | Michigan’s 24% Wholesale Tax Just Passed: What Could Be Next

Hosted by Cole Preston (Live Streamed on October 4th, 2025)

I joined Cole on a segment of the Cole Memo to help breakdown of the newly passed 24% wholesale tax on Michigan cannabis, and also share what I saw inside the Capitol rotunda as industry workers and consumers rallied, plus how organizers mobilized the turnout in just days. From potential legal strategies to the medical-workaround chatter, Cole and I compare Michigan’s open model with Illinois’ limited approach, arguing that competition and efficiency gains can still keep businesses viable. We close with how border shops, brand positioning, and ongoing compliance loopholes could shape the next few months in Michigan.