Michigan: Legal Cannabis Sales Totaled $276.9 Million in March, Prices Hit Record Low

Legal marijuana sales in Michigan reached $276,946,009.79 in March, according to a new report released by the Cannabis Regulatory Agency (CRA), with average prices dropping to an all-time low of $65.14 per ounce.

The total includes $276.4 million in adult-use sales and just over $502,000 in medical marijuana. The combined total represents a decline of about 4% from March 2024, when legal sales reached $288,843,279.77. At the same time, prices have dropped more sharply—down 28% from the $90 average seen in March of last year.

As of March 31, Michigan had 857 licensed marijuana retailers and 2,244 total licensed marijuana businesses.

Flower remained the top-selling product category, with over 116,600 pounds sold and more than $121.5 million in sales. Infused edibles were the second-largest category by volume, with more than 441,000 pounds sold. Vape cartridges generated over $50 million in revenue, while inhalable compound concentrates brought in nearly $43 million.

Other categories with notable sales include shake/trim ($18.4 million), concentrates ($16.5 million), and infused liquids ($1.2 million). Infused non-edible liquids, though smaller in volume, still accounted for over $250,000 in sales.

Since launching its recreational marijuana program in late 2019, Michigan has become one of the largest marijuana markets in the country, topped only by California. Voters approved legalization in 2018, allowing adults 21 and older to possess up to 2.5 ounces of marijuana and 15 grams of marijuana concentrate.

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