Despite being a short month there was over $200 million worth of marijuana and marijuana products purchased legally in Michigan in February.
According to the latest Cannabis Regulatory Agency Monthly Report, Michigan marijuana stores sold 347,733 pounds and 354,020 fluid ounces worth of marijuana costing a total of $206,378,444. Medical marijuana sales were much lower at $10.01 million and 17,808 pounds sold (along with 7,030 fluid ounces).
These numbers represent a roughly 4% increase from January and a nearly 40% increase from February, 2022. The state also garnered around $3 million in licensing and regulatory assessment fees.
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