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

grief affects brain
How Grief Affects The Brain And Body
Infographics Mental Health
June 19, 2026
The Difference Between a Sustainable NP Practice and One That Burns Out in Three Years
The Difference Between a Sustainable NP Practice and One That Burns Out in Three Years
Career Nursing
June 19, 2026
medical facilites
Understanding Navigation Stress In Medical Facilities
Health Infographics
June 19, 2026
appointment ready
Appointment Ready: A Practical Patient Intake Preparation Guide
Hospital Administration Infographics
June 19, 2026

You Might also Like

listen now podcast interview
BusinesseHealthMobile HealthRemote DiagnosticsWellness

Marketing Shared Appointments: Paradigm Shift in Healthcare [Podcast]

July 14, 2015

Massachusetts Health Policy Commission Cost Trends Report

December 31, 2013
health insurance across state lines
BusinessFinanceHealth ReformPolicy & LawPublic Health

Selling Insurance Across State Lines

December 4, 2013
health insurance
BusinessFinanceHealth ReformMobile HealthPolicy & Law

Evidence Mounts That Health Insurance Is Necessary, But Not Sufficient for Good Health

August 11, 2014
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?