An article in MLive is reporting the sales of recreational marijuana during the COVID-19: January $9.8 M, February $14.8 M, March $21.9 M, April $27 M! Since the first recreational marijuana sales starting back in December of 2019, the industry has grown tremendously in Michigan. We have racked up $15.2 M in new tax revenue between 6% sales tax and 10% excise tax.
As a Michigan-based accounting firm, this has stimulated our growth as well, especially through this pandemic! We look forward to growing more relationships with those entering and already in the industry. Congrats to the Michigan Marijuana business entities! Give us a call today if we can benefit your business in this growing economy!