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Marijuana Sales and Legal Expenses Impact Mid-Michigan's Economy

2024-04-11 00:44:25.807000

Marijuana sales in mid-Michigan have generated $266 million, providing an economic boost to the region. Bangor Township Supervisor Glenn Rowley highlights the financial benefits, stating that the revenue stream from recreational marijuana has allowed the township to fund essential services such as roads and clean drinking water. Rowley emphasizes that the marijuana businesses in the township are run by professionals and contribute significantly to the municipality's revenue. With 11 recreational marijuana businesses in Bangor Township, Rowley hopes for their continued success. [a26a72b3]

Meanwhile, Oro-Medonte Township in Ontario, Canada, faced significant legal expenses in 2023 related to cannabis in the township. The township spent $436,955 on legal expenses, exceeding its annual legal expense budget of $428,900. The legal costs were associated with development services, environmental services, shared services, and human resources. The township finished the first half of the year with legal expenses of $609,000, and reserves of $200,000 were included in the 2023 operating budget to cover the deficit. The actual legal cost related to cannabis is $436,955, not $555,435 as previously presented. The township spent $975,730 on legal costs in total, more than double the original budgeted amount. The township is focused on reviewing options to address the legal challenges in a cost-effective way. [c4419f27] [a26a72b3]

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