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Frank A. Douglass Insurance Agency

Houghton City to Cash in on Pot Business

The City of Houghton is about to get a boost from its participation in the state’s retail marijuana business.

Forty-two million dollars in tax-sharing payments for the year 2021 is scheduled to be sent out from Lansing next week. Houghton’s share will be $169,360.32.

In addition, $49.3 million will be sent to the School Aid Fund for K-12 education. Another $49.3 million will go into the Michigan Transportation Fund.

Houghton is the only municipality in the Copper Country that hosts retail marijuana businesses.

To see the statewide list of recipients, click here.

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