Tag: Michigan marijuana sales

In Michigan, $276 Million in Legal Marijuana Purchased in August, Over $40 Million in Taxes Garnered

In Michigan, August marijuana sales fell barely short of July’s record-breaking numbers despite prices dropping. In total there was $276,262,397.68 worth of legal marijuana sold in August, less than half a million dollars short of the $276,746,264.07 sold in July (the current monthly record). This is according to a report just released by the Michigan …

Continue reading

Michigan: Over $275 Million in Legal Marijuana Sold in July, New Monthly Record

In July a record-breaking $276 million in legal marijuana was sold in Michigan. According to a new report by the Michigan Cannabis Regulatory Agency, the state sold $276,746,264.07 worth of legal marijuana and marijuana products in July. This includes dried marijuana flower and shake, as well as marijuana products such as concentrates (hash, oil, etc.), …

Continue reading

$245 Million in Legal Marijuana Purchased in Michigan in May

In May those 21 and older in Michigan purchased $245 million worth of legal marijuana and marijuana products. According to data released by Michigan’s Cannabis Regulatory Agency, in total legal marijuana stores in Michigan sold $245,919,258.96 worth of product in May. There was $238,867,535 in recreational marijuana sold, and $7,051,723.96 worth of medical marijuana. The …

Continue reading

Michigan: Over $1 Billion in Legal Marijuana Sold So Far in 2023

Legal marijuana sales in Michigan have surpassed $1 billion in 2023 alone, according to data released by the Cannabis Regulatory Agency. Michigan sold $909 million worth of legal marijuana and marijuana products between January and April of this year. Although data for May won’t be released until sometime in June, a spokesperson for the Agency …

Continue reading

Michigan: $245 Million in Legal Marijuana Sold in April, Sales to Date Top $6 Billion

In Michigan there was $245 million in legal marijuana and marijuana products sold in April. The $246,054,243 sold in April is a slight decrease from the $249 million sold in March, which remains the monthly record. Of the $246 million sold, just $7,842,858 was medical marijuana, with the remaining $238,211,384 coming from the legal distribution …

Continue reading

$250 Million in Legal Marijuana Sold in Michigan in March, New Monthly Record

There was roughly $250 million in legal marijuana sold in Michigan in March, the highest single-month since the start of legal recreational marijuana sales in late 2019. In total Michigan marijuana stores sold $249,674,216 worth of marijuana and marijuana products in March, according to the Cannabis Regulatory Agency Monthly Report. This marks a roughly 15% …

Continue reading

Over $200 Million in Legal Marijuana Sold in Michigan in February, $32 Million in Taxes

safe banking act

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 …

Continue reading