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The Michigan Regulation and Taxation of Marihuana Act, also known as Proposal 1, was an initiative that appeared on the November 2018 ballot to legalize cannabis in the U.S. state of Michigan. The initiative allows adults 21 and older to possess up to 2.5 ounces (71 g) of cannabis and to grow up to 12 plants at home. [2]
On November 6, 2018, Michigan voters approved Proposal 1 by a 56–44 margin, making Michigan the 10th state (and first in the Midwest) to legalize cannabis for recreational use. [17] The Michigan Regulation and Taxation of Marihuana Act allows persons age 21 and over to possess up to 2 + 1 ⁄ 2 ounces (71 g) of cannabis in public, up to 10 ...
The Donald Trump administration took positions against marijuana and against the easing of laws regarding marijuana. Although Trump indicated during his 2016 presidential campaign that he favored leaving the issue of legalization of marijuana to the states, his administration subsequently upheld the federal prohibition of cannabis, and Trump's 2021 fiscal budget proposal included removing ...
Colorado legalized pot in 2012, and in 2021 the state raked in more than $400 million in tax revenue — with that money going to public schools, health care, and substance abuse prevention and ...
The legal history of cannabis in the United States began with state-level prohibition in the early 20th century, with the first major federal limitations occurring in 1937. Starting with Oregon in 1973, individual states began to liberalize cannabis laws through decriminalization. In 1996, California became the first state to legalize medical ...
But Michigan's earned income tax credit now is calculated based on 30% of the federal credit each year in 2022, 2023 and 2024. The maximum earned income tax credit in Michigan is $2,229 for 2023 ...
Impacts. COVID-19 portal. v. t. e. The COVID-19 pandemic had a significant impact on the cannabis industry. Investor's Business Daily said the industry was affected as "customers stock up on prescriptions and recreational customers load up on something to make the lockdown a little more mellow or a little less boring".
v. t. e. In the United States, the non-medical use of cannabis is legalized in 24 states (plus Guam, the Northern Mariana Islands, the U.S. Virgin Islands, and the District of Columbia) and decriminalized in 7 states, as of November 2023. [1] Decriminalization refers to a policy of reduced penalties for cannabis offenses, typically involving a ...