Medical marijuana brings in record revenues to Michigan

9:32 am
Mon January 27, 2014

Medical marijuana brings in record revenues to Michigan

Lead in text: 
State pulled in about $10.9-million in fees in 2013, up about a million dollars from 2012
LANSING, MI -- Michigan's medical marijuana program generated record revenues last fiscal year despite declining enrollment numbers and a steep drop in registered caregivers. The Michigan Department of Licensing and Regulatory Affairs approved more than 82,000 new medical marijuana applications and 36,000 renewals for the year ending September 30, according to department reports mandated by the state's 2008 voter-approved law.