December 10, 2025  l  Sign Me Up

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From taxes to MJBizCon takeaways, here's what's defining today's cannabis headlines.

But first ...

Your MJBiz Factbook stat of the day:

• Since 2019, more than half of all cannabis M&A activity has been tied to cultivation and retail, making it the industry's most consolidation-prone segment.

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F E A T U R E D  S T O R Y

Massive new Michigan cannabis tax to take effect Jan. 1 after court hearing

A Michigan judge denied a request to halt the state's newly implemented wholesale cannabis tax, scheduled to take effect on Jan. 1, 2026. The Michigan Court of Claims rejected motions for a preliminary injunction filed by Holistic Research Group, the Michigan Cannabis Industry Association (MCIA) and PF Manufacturing.

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What This Means For You

• Operators: The new wholesale tax threatens already-compressed margins, raising the risk of business closures, consolidation and reduced investment in Michigan's regulated market.
• Consumers: Higher wholesale taxes are likely to translate into higher retail prices, potentially pushing away price-sensitive buyers.
• Investors: The ruling adds regulatory and margin risk to one of the nation's largest cannabis markets, making Michigan less attractive for near-term capital deployment.
• Policymakers: The decision affirms the state's authority to levy additional cannabis taxes, but tests whether higher tax burdens undermine voter-approved goals of affordability and illicit-market displacement.

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More Headlines

• Marijuana flower power at the heart of industry success – and other MJBizCon takeaways. Read story >
• New York marijuana chief ousted as inversion investigation implodes. Read story >
• How cannabis brands win at advertising and marketing. 
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• Florida medical marijuana patient growth slowed in 2025. 
  Read story >
• California cannabis sales tumbled after tax hike, data shows. 
  Read story >

F A C T B O O K  

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