Cannabis sales in Michigan declined 6.5 percent versus the month before, but rose 35.9 percent from the year ago January to a record $207.3 million. The results announced by the Cannabis Regulatory Agency showed sales growth was the fastest since February 2022.
Medical sales fell sharply by nearly 60 percent in January 2023 to $11.3 million, but adult-use sales leaped by $57.3 percent to $196 million.
The CAR report also showed the average price of flower in January 2023 was $1282 per pound, down 47.5 percent from January 2022.
Michigan cannabis sales in calendar 2021 totaled $1.79 billion; in calendar 2022 sales reached $2.29 billion.