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…
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