According to the Michigan Cannabis Regulatory Agency’s monthly report, Michigan cannabis sales for November rose from a year ago and they rose sequentially 2.9%. At $276.4 million, sales were up 6.1% from a year earlier.
The Michigan Cannabis Regulatory Agency breaks down sales by medical and adult-use, with medical sales falling 76.8% from a year ago, and adult-use sales rising 7.3% year-over-year to $267.6 million, up 2.9% sequentially.
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion, 27.9% in 2022 to $2.29 billion and 33.3% to $3.06 billion in 2023. So far in 2024, they have grown by 8.9%.
Read the full article HERE.