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

Redefining Romance: How Care and Presence Are Showing as Big Gestures
lifestyle
January 9, 2026
dental check up
What to Expect From Your First Visit to a Dentist
Dental health
January 9, 2026
foot and vein health
The Hidden Connection Between Foot and Vascular Health
Health
January 8, 2026
CRM Software for healthcare
A Beginner’s Guide to Medical CRM Software for Clinics, Medspas, and Telehealth
Global Healthcare Technology
December 29, 2025

You Might also Like

Triple Aim of an ACO
BusinessFinanceHospital Administration

What ACO Obstacles Are You Facing?

September 3, 2014

Reducing Health Care Costs: Let’s Try What Has Worked

October 16, 2013
Image
Global HealthcareHospital Administration

Covering the Needs of Patients in Nizhny Novgorod

December 17, 2013

Changing Dynamics of Medtech Investing

November 10, 2011
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?