MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.
MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.
MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.
MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.
MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.
MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.
MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.
MI cannabis sales for September were down for the second consecutive month, stalling near their all-time high set in July at $276.7 million. At $274.7 million, sales fell 0.6% sequentially but were up 29.6% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 70.4% from a year ago to $4.9 million, down 12.6% sequentially, and adult-use sales expanding 38.1% year-over-year to $269.8 million, down 0.3% sequentially:
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline. In September, the average price of $1602 per pound rose sequentially, gaining 6.4% but falling 8.9% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion and were up 27.9% in 2022 at $2.29 billion. So far in 2023, sales have grown 35.8% compared to the first nine months of 2022. The program should continue to expand ahead as supply becomes more available and as distribution expands.