This article was originally published on the Marijuana Patients Organization site on June 10, 2011.
Amount of Profit the State of Michigan Made Administering the Medical Marihuana Program
FY 2009 $308,443
FY 2010 $3,677,993
FY 2011 $4,173,149 (looking to be a great year for the program, profit through March)
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Costs spent to administer the program.
FY 2009 $130,478
FY 2010 $740,658
FY 2011 $687,634
How’s that for a PROFIT MARGIN.