Wisconsin Marijuana Business

What is the Demand for Marijuana in Wisconsin?

Marijuana is not legal in Wisconsin. However, support for marijuana and its legalization has grown in the last decade, with 69% of respondents in favor of legalization and 31% opposed in late 2022, according to a Marquette University Law School poll. The poll also reveals that support for marijuana legalization is strong across various demographics, encompassing age, race, and political affiliation.

The legalization of marijuana in neighboring states, such as Michigan and Illinois, has further fueled the demand for the drug in Wisconsin. Illinois took the lead in 2019 by legalizing recreational marijuana, followed by Michigan in 2020. Consequently, Wisconsin residents now drive across state lines to purchase marijuana in neighboring states.

The high demand for marijuana in Wisconsin has given rise to a thriving black market. In 2019, authorities in Wisconsin busted a large-scale illicit cannabis operation making tons of THC-containing vape products. Over $1.5 million worth of THC products were seized in a single residence during a raid in 2019.

How is Marijuana Taxed in Wisconsin?

Marijuana is illegal in Wisconsin and is hence not taxable.

What is the Agency Taxing Marijuana Business in Wisconsin?

Cannabis is illegal in the state; hence, no agency has been tasked with collecting tax on the substance in Wisconsin.