: Michigan Marijuana Legalization, led by the Coalition to Regulate Marijuana Like Alcohol
The Michigan Board of Canvassers ruled on April 26 that the initiative had enough valid signatures (277,370 – 24,847 more than required) to be placed on the November ballot. The Legislature has until June 5 to make the final determination.
What it would do: Legalize marijuana for adult use.
Key business highlights:
• In addition to existing taxes, an excise tariff of 10% would be levied on retail and microbusiness sales.
• The measure would legalize the cultivation, processing, distribution and sale of industrial hemp.
• Municipalities would be allowed to ban or limit marijuana establishments within their boundaries.
Latest polling: Support has grown to more than six in 10, according to Michigan State University’s Institute for Public Policy and Research.