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Dickinson’s share of marijuana tax proceeds rises again

IRON MOUNTAIN — Dickinson County’s share of Michigan adult-use marijuana tax distributions will rise to $232,915 this year, up by nearly $56,000, while Iron Mountain’s share will dip by $1,715 to $116,457.

The Michigan Department of Treasury announced that nearly $100 million is being distributed among 302 local entities and tribes as part of the Michigan Regulation and Taxation of Marijuana Act.

Across the state, 108 cities, 36 villages, 80 townships, 74 counties and four tribes will receive payments from the Marihuana Regulation Fund. Each eligible municipality, county and tribe will receive $58,229 for every licensed retail store and microbusiness located within its jurisdiction.

“Local entities and tribes can spend these dollars however they deem fit for their needs,” State Treasurer Rachael Eubanks said in a news release.

Dickinson County’s share is up because of the opening of a second dispensary in Norway — Biogold Dispo Powered by Tranquility Fields. The city of Norway last year received its first distribution — $59,086 — after Higher Love Cannabis opened for business.

With the new dispensary, Norway’s share will be the same as Iron Mountain’s — $116,457. Iron Mountain continues to have dispensaries operated by Lume and Rize.

Iron County will receive $349,372, up from $295,432 a year ago. In addition, the cities of Iron River and Crystal Falls will receive $116,457 each and Mastodon Township will get $58,229. The city of Caspian will receive a first-time payment of $58,229 with the opening of JARS Cannabis.

The total amount distributed to local entities is up by about $13 million from a year ago, but because there are more stores the amount distributed per facility is down by about $850.

Also, as a part of recent changes in state law, more than $931,000 will be distributed among four federally recognized tribes in Michigan for the first time. Hannahville Indian Community will receive $58,229.

For the 2024 state fiscal year, more than $331 million was available for distribution from the Marihuana Regulation Fund. Revenue from the state’s 10% adult-use marihuana excise tax and other fees go into the fund.

State law outlines how much is distributed to local entities, tribes, schools, roads and bridges.

Aside from the nearly $100 million in disbursements to municipalities, counties and tribes, more than $116 million was sent to the School Aid Fund for K-12 education and another $116 million to the Michigan Transportation Fund.

The top county distribution recipient in the Upper Peninsula is Marquette County at $815,201. Other county recipients in the U.P. are Menominee, $407,601; Houghton and Chippewa, $349,372 each; Gogebic, $291,143; Delta, $232,915; Alger, $116,457; and Mackinac, Ontonagon and Schoolcraft, $58,229 each.

The top city recipient in the U.P. is Menominee at $407,601, while Marquette, Ironwood and Sault Ste. Marie will each receive $291,143.

The top county recipient in the state is Wayne County at slightly more than $5 million, while the city of Detroit’s share is more than $3.1 million.

“This portion of the excise tax revenue makes a direct impact in the communities where our licensees work and live,” Cannabis Regulatory Agency Executive Director Brian Hanna said.

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