Michigan marijuana sales remained flat in June, although sales were up 6.9 percent from June 2023. Michigan marijuana dispensaries sold $278.8 million in adult legal and medical products last month, the Cannabis Regulatory Agency reported Monday, down from $279.6 million in May and up slightly from $278.5 million in April.
But overall sales were up 6.9% from June last year, when sales hit $260.7 million, the slowest annual growth rate in two years. Medical cannabis sales dropped 78.4% year-over-year, while recreational sales are up 9.1%.
Adult-use cannabis sales accounted for $277 million in sales for June, while medical cannabis sales were just $1.4 million.
Cannabis flower totaled $123.4 million in recreational sales for June, compared to second-place vape cartridges, which accounted for $52 million last month. A pound of flower in June sold for $1,384, down 1.9 percent from May and down 3.1 percent from June 2023.
Read full report at CRA