The Michigan Department of Treasury announced Tuesday that more than $59.5 million is being distributed among 224 municipalities and counties as a part of the Michigan Regulation and Taxation of Marijuana Act.

 According to the department’s press release, over the next few days, 81 cities, 26 villages, 53 townships and 64 counties will receive capital from the Marijuana Regulation Fund. That is, each eligible municipality will get more than $51,800 for every licensed cannabis shop and micro business in its jurisdiction.

"Municipalities and counties will begin seeing these payments appear in their banking accounts," said state treasurer Rachael Eubanks. "Through a partnership, the dollars received from the adult-use marijuana taxes and fees are distributed to our participating communities."

Furthermore, $69.4 million was used to support the School Aid Fund for K-12 education, and another $69.4 million was granted to the Michigan Transportation Fund.

 In fiscal 2022, the state has seen $1.8 billion in recreational marijuana sales.

“The team at the CRA does an amazing job and our …

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