Michigan Cannabis sales

Ohio's recreational marijuana industry is gaining momentum, with sales reaching $76.3 million as of the end of September. When recreational cannabis shops officially opened their doors this past Aug. 6, sales zoomed to over $22.5 million in the first 12 days with medical marijuana contributing an...

Total cannabis sales revenue in Michigan topped off at $295.4 million in August, up from a previous record-breaking July when sales reached $276 million. The sum includes over $294.1 million in recreational sales and nearly $1.3 million in medical marijuana sales, reported Cannabis Business Times...

Michigan’s cannabis market could face significant challenges due to the rapid rise of neighboring Ohio’s marijuana industry. Since recreational sales launched on Aug. 6, Ohio has seen a surge in demand, with shops reporting record-breaking volumes driven by enthusiastic locals and...

The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in recreational cannabis sales for the first half of 2024, as reported by Green Market Report's Debra Borchardt....

Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million in Q2 2023, according to a report by Beacon Securities. June's total sales were $279 million, slightly down by less than 1%...

Top Seller Of Legal Cannabis In US Reports Flat Weed Sales In June Much like in May, Michigan marijuana sales remained relatively flat in June, with a total of $278.8 million in cannabis products sold last month. In May, that figure was slightly higher at $279.6 million, while $278.5 million worth...

After Months Of Decline Colorado Cannabis Sales Bounce Back In March Colorado cannabis sales rebounded in March, reaching $126.6 million and up from $114.4 million in February, according to the Colorado Department of Revenue's report from last week. However, year-over-year, sales are down...

Four US states reported their November cannabis sales over the past few days. Whether the numbers bring cause for celebration or reflection, the cannabis industry in all its complexity heads toward normalization as the calendar flips to a new year. Connecticut Cannabis Sales Grow Steadily...

The Green Rush started in Michigan several years ago and it has only gotten greener as it surpasses beer, wine and liquor. During fiscal year 2023, which ended on Sept. 30, Michigan collected nearly $100 million more in recreational marijuana excise taxes than it did in fiscal year 2022,...

As the cannabis industry continues to evolve and face various challenges, the dynamics of sales and pricing remain crucial indicators of market trends and overall consumer demand. Here are some highlights of what's happening in various places across the U.S. Medical Marijuana Sales in...

Michigan's February medical marijuana sales dropped 61.5% year-over-year to $10.0 million, while adult-use sales improved 60.1% to $206.4 million. The data from the Michigan Marijuana Regulatory agency revealed that combined sales improved 4.4% sequentially, while on a per-day basis, they grew...

Michigan cannabis sales climbed 9% in December as compared to November and increased 32% from a year ago to a record $221.7 million. “This was a little slower than the 33.2% annual growth in November," wrote Alan Brochstein, CFA and founder of New Cannabis Ventures and 420 Investor....

Michigan's cannabis sales in November increased by 33.2% over last year to $203.4 million. November sales represent the largest year-over-year growth since February, even though the state's cannabis sales dipped by an additional 2.9% compared to October. Medical & Recreational Sales In...

Michigan's Cannabis Regulatory Agency (CRA) announced it recalled some products sold by a local cannabis dispensary in Flint, MI, which also received a summary suspension of its medical and recreational marijuana licenses. What Happened: Green Culture’s products were tested by the agency...

Cannabis sales in Michigan hit $1.03 billion in the first half of 2022, up by 26.9% from the same period last year. As per the report released by the Michigan Marijuana Regulatory Agency, June marijuana sales in the Great Lakes state, improved 0.5% sequentially.  The Agency...