A new report by Leafly ranks Michigan as the third biggest cannabis jobs state. Cannabis sales in Michigan shot up 82 percent in 2021, reaching nearly $1.8 billion and supporting 31,152 jobs. That 72 percent annual growth in jobs puts Michigan behind only California and Colorado in terms of total state cannabis employment.
Leafly credits Michigan medical-use and adult-use markets with 402 dual retailers, 47 adult-use sales, and 63 standalone medical provisioning centers. To read the full report, click on LeaflyJobsReport.
With no cap on the number of retail licenses, Michigan’s regulatory system is making strong progress in moving the state’s full cannabis demand into the licensed and regulated markets.
Local municipal prohibitions against legal sales continue to prop up the illicit market , however of the state’s 1,700 cities and townships, only about 160 allow licensed adult-use sales.
Whitney Economics estimates Michigan’s full cannabis demand, for a state of 10 million residents, at around $3.2 billion – which means the current legal system is fulfilling just over half the demand. Meaning there’s still a lot of illicit-to-legal migration to come in 2022 and beyond, Leafly contends.