420 with CNW — Michigan Court Starts Hearing Challenge to Newly Approved Marijuana Taxes
By:
CannabisNewsWire
December 02, 2025 at 16:25 PM EST
A judge on the Michigan Court of Claims is set to review arguments over whether state lawmakers crossed a constitutional line when they approved a new tax on cannabis. The hearing centers on a 24% levy on wholesale cannabis transactions that became a key part of the state budget signed by Governor Gretchen Whitmer last month. The entire marijuana industry within and outside the U.S., including leading companies like Aurora Cannabis Corp. (NASDAQ: ACB) (TSX: ACB), will be watching how the… About CNW420 CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis. To receive SMS alerts from CNW, text CANNABIS to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: https://www.CannabisNewsWire.com/Disclaimer CannabisNewsWire CannabisNewsWire is powered by IBN More NewsView More
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