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Green Stuff: Medical Marijuana Is a Growth Industry For the State Treasury

February 06, 2013, 6:04 AM

Pot pays off for the state treasury, new figures show.

Nearly $10 million in revenue was collected from medical marijuana permit applicants last year -- more than double the cost of running the program, says an Associated Press dispatch from Lansing.

A medical marijuana application costs $100. Dispensers who grow marijuana for people also pay a fee.

Medical marijuana was legalized by voter passage of a statewide ballot proposal in November 2008.

The new report covers the budget year ending last Sept. 30.


Read more:  Associated Press


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