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
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    benefits of using protein powder to build muscles
    Protein Powder for Muscle Mass: Everything You Need to Know
    December 12, 2021
    changes brought on by blockchain in healthcare
    Technology In The Healthcare Industry
    March 28, 2022
    What Does Core Body Temperature Say About Health?
    August 17, 2022
    Latest News
    Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
    August 13, 2025
    5 Steps to a Promising Career as a Healthcare Administrator
    August 3, 2025
    Why Custom Telemedicine Apps Outperform Off‑the‑Shelf Solutions
    July 20, 2025
    How Probate Planning Shapes the Future of Your Estate and Family Care
    July 17, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    medicare data release
    Medicare’s Data Release Places More Power in Hands of Informed Medical Consumers
    May 9, 2013
    9 Things You Need to Know About Medicare
    September 25, 2021
    Health Wonk Review: Sardonic Edition
    May 24, 2013
    Latest News
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
    How Health Choices and Legal Actions Intersect After an Injury
    July 17, 2025
    How communities and healthcare providers can address slip and fall injuries with legal awareness
    July 17, 2025
    Let Your Lawyer Handle the Work Before You Pay Medical Costs
    July 6, 2025
  • 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

non-clinical spaces
Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
Health Infographics
August 13, 2025
senior care at home
Breaking The Chain Of Infection For Seniors At Home
Infographics Senior Care
August 13, 2025
medical devices
The Lifecycle Of A Medical Device: From Concept To Disposal
Infographics Technology
August 13, 2025
Why Delaying Care For Minor Injuries Can Lead To Bigger Problems
Infographics Wellness
August 13, 2025

You Might also Like

In Battle Against HAIs, Innovative Biotechs Play Key Role

July 13, 2011
drone workplace safety
Business

Improving Safety in the Workplace: Drone Inspections

June 25, 2021

Should Medicare negotiate drug prices? Probably not

February 11, 2016

You might be covered, even if your doctor sends you a bill

August 5, 2015
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?