LANSING – For the third month in a row, Michigan cannabis sales (recreational and medical) fell to $262.9 million, down 4.3 percent from September. But when compared to October 2023, sales were up 25.5 percent.

Medical sales fell 70.7 percent from a the same month in 2023 to just $4.9 million, down some 10.2 percent from September. Adult-use sales expanded 33 percent from a year ago to $258.5 million.

In October, the average price of a pound of flower for adult use was $1562, falling 4.9 percent from a year ago.

By Product Type in October: 

Flower – $116.5 million

Vape Cartridges – $49.9 million

Inhalable Compound Concentrate – $39.1 million

Infused-Edible – $24 million

Shake/Trim – $21.3 million

 

Full chart is below:

Adult-Use Establishment Licensing

1. Product Sales Sales by Product Type

October 1 – October 31

Product Type

Pounds Sold

Fluid Ounces Sold

Total Sales

Flower

98,388.72

–

$116,483,069.54

Shake/Trim

29,949.94

–

$21,318,591.47

Concentrate

3,337.37

–

$14,712,496.51

Inhalable Compound Concentrate

14,653.96

–

$39,162,776.88

Vape Cartridge

11,239.66

–

$49,925,569.00

Kief

15.80

–

$28,518.45

Infused-Edible

397,462.45

–

$24,051,989.60

Infused Non-Edible Solid

1,974.65

–

$630,173.21

Infused Liquid

–

1,976,850.18

$1,162,178.90

Infused Non-Edible Liquid

–

18,287.68

$128,164.67

October Total

557,022.55

1,995,137.86

$267,603,528.23

As of October 31, 38,881 people were employed in the cannabis business in Michigan.

Additional Sales Information October 1 – October 31

Category Sales To Date (October 31) $9,676,325,456.65

Sales Deliveries Amount Average Retail Flower Price (oz.) $73.99.

To read the full report, click on CRA