Michigan Marijuana Sales Exceed $221 Million In December 2022

[KLAW Blog]

Michigan marijuana sales reached a record-breaking high in December, according to state data. While medical cannabis purchases have gradually decreased, the adult-use market has more than compensated for the drop, with total sales reaching an impressive $221.7 million – a staggering $9 million more than the previous record set in September.

The Cannabis Regulatory Agency (CRA) reported that December saw $208,318,037 in recreational cannabis sales and $13,419,377 from medical marijuana purchases, as first reported by New Cannabis Ventures. This remarkable surge in sales is indicative of the growing popularity of marijuana in Michigan and the potential of the industry to become a major economic driver in the state. With the legalization of recreational marijuana, Michigan is now one of the largest markets in the United States, and the industry is expected to continue to grow in the coming years.

Read the report here

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