Fourteen Oakland County Cities Get Marijuana Tax Revenue
(Kurt Metzger, Feb. 23, 2025)
Oakland County, MI – Fourteen Oakland County communities will share almost $3 million ($2,911,434) in FY24 revenue collected from the 10% recreational marijuana excise tax.
Michigan voters approved the legalization of the recreational use of Marihuana for adults 21 years of age and older. (State law spells it with an “h”). The resulting legislation known as the Michigan Regulation and Taxation of Marihuana Act (MRTMA) imposes an excise tax of 10% on retail Marihuana sales in addition to a 6% sales tax.
Each eligible municipality and county receives $58,228.66 for every licensed retail store and micro-business.
With 50 marijuana businesses across the 14 communities, Oakland County will receive a separate payment of $2,911,433.
In FY23, 12 communities accounted for 37 establishments and the county payment was $2,127,109.
Revenue was collected from 854 licensees among the state’s cities, villages and townships during the 2024 fiscal year. This was up from 773 in FY23. The $99.5 million that was collected is about a 14% increase from the $87 million in tax revenue that was collected for the 2023 fiscal year. Oakland County’s revenue grew by 37 percent.
Check out the chart below to see the trends in Berkley, Ferndale, Hazel Park, Village of Holly, Village of Lake Orion, Madison Heights, Orion Township, Oxford Township, Village of Oxford, Pleasant Ridge, Royal Oak, Southfield, Walled Lake and Waterford Township.
Visit the Data-Based Stories Archives on Oakland County Times for stories on voter turnout, population shifts, Dogs of Oakland County, and other statistics-related stories, thanks to Data Expert Kurt Metzger.
