Michigan‘s cannabis sales in November increased by 33.2 percent 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 percent compared to October.
Medical cannabis sales continue “to plunge in the state as November only saw $13.6 million in sales,” according to the Green Market Report. “This was a drop of 57.5 percent over last year and a sequential drop from October by 9.9 percent. It should be noted that November had one less day than October.”
Additionally, the state’s recreational sales rose 57.2 percent to $189.8 million over last year. It’s important to note that the average price for a flower per ounce was $95.12 versus last year’s $190.71, per the report.
