LANSING - Michigan December cannabis sales totaled $279.9 million, up 7.5 percent from November and 26.2 percent from December 2022, the Cannabis Regulatory Agency reported. For calendar year 2023, cannabis sales generated $3.08 billion. Considering the average cost of an ounce of marijuana plummeted to $80.16 in January 2023, a steep decline from over $500
LANSING - Michigan cannabis sales in November totaled $260.5 million, down less than 1 percent from October, but representing the fourth consecutive month sales have declined. The good news is sales rose 28 percent from November 2022. Adult-use sales were up 35.2 percent from a year go November coming in at $256.7 million, down 0.7
LANSING - Michigan cannabis sales in September came in at $274.7 million, a half percent decline from peak sales of $276.7 million in July. But the good news is September cannabis sales were up nearly 30 percent from the same month a year ago. Looking more closely at the numbers, adult-use sales expanded to $269.8
LANSING - With only a 10 percent excise tax on the sale of recreational marijuana, Michigan state officials are expecting a fairly substantial windfall in the next two years as the market, literally, lights up to the tune of $140 worth of product for every man, woman and child by the end of 2021. "It's
