The Cole Memo | Ep. 232 - Michigan’s 24% Wholesale Tax Just Passed, What’s Next?
Hosted by Cole Preston
I joined Cole on a segment of the Cole Memo to help break down 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.
