By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Michigan’s Medical Marijuana Shows an $8 Million Dollar Profit
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Michigan’s Medical Marijuana Shows an $8 Million Dollar Profit
Business

Michigan’s Medical Marijuana Shows an $8 Million Dollar Profit

BarbaraDuck
BarbaraDuck
Share
2 Min Read
SHARE

This is not bad for a state that is looking for revenue everywhere they can find it.  The program is exceeding expectations and it takes around 4 months to process applications so maybe this is one department that needs more help or more technology to speed the process?  BD 

Medical marijuana aimed at helping Michiganders with their pain turns out to be a helpful prescription for the state’s challenged budget, as well.

This is not bad for a state that is looking for revenue everywhere they can find it.  The program is exceeding expectations and it takes around 4 months to process applications so maybe this is one department that needs more help or more technology to speed the process?  BD 

Medical marijuana aimed at helping Michiganders with their pain turns out to be a helpful prescription for the state’s challenged budget, as well.

In its first two years of operation, state licensing of marijuana patients and their caregivers has turned more than an $8-million profit — generating nearly $9.7 million in revenue against $1.5 million in expenses, according to a new state report.

Marijuana fees topped $4.8 million between just Oct. 1, 2010, and March 31. And the growth continues at a rapid pace, said program manager Rae Ramsdell.

Michigan’s medical marijuana profit: $8 million | Detroit Free Press | freep.com

TAGGED:healthcare businessmedical marijuana
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

Best Video Systems for Health Care
How to Choose the Best Video Systems for Health Care
Global Healthcare Technology
April 22, 2026
How Workplace Hygiene Impacts Community Health Outcomes 
How Workplace Hygiene Impacts Community Health Outcomes 
Health
April 21, 2026
care settings
The States Leading on Nurse Practice Authority and Why It Matters for Your Career
Career Nursing
April 14, 2026
brain food matters
Brain Food Matters: How Nutrition Shapes Early Development
Health Infographics
April 14, 2026

You Might also Like

martha coakley
BusinessHealth ReformPolicy & LawPublic Health

Talking Healthcare with Martha Coakley, Attorney General and Candidate for MA Governor

March 10, 2014
meaningful use stage 2
BusinessHospital AdministrationPolicy & Law

The Meaning of Meaningful Use

February 13, 2015
expensive medicine
Business

Whining About the Thousand-Dollar Pill

August 12, 2014
dental industry jobs
BusinessMedical EducationPublic Health

Most Satisfying Careers in the Dental Field

September 22, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?