MICHIGAN, (WOWO) — Pot for potholes? Michigan lawmakers have passed a new 24% wholesale marijuana tax to help fund road repairs.

The bill, approved with bipartisan support in the House, is projected to raise $420 million a year for local roads and bridges.

Cannabis industry leaders warn it could push buyers back to the black market and force dispensaries to close.

The new tax is part of a broader budget deal aiming to prevent a state government shutdown before the October 1 deadline.

The Senate now takes up the plan.