Michigan legal cannabis sales in February reached $216.4 million, up 4.4 percent from January, and almost 40 percent from February 2022. February sales totals also were the highest for any month in the past 12.
The data comes from the February Michigan Cannabis Regulatory Agency report. Michigan cannabis sales
Medical sales only accounted for $10 million, down 61.5 percent. Adult-use sales grew 60.1 percent from the same month a year ago to $206.4 million.
Flower pricing continues to fall. In February, the average price per pound hit $1282, down 46.3 percent from a year ago. For the first two months of 2023 sales grew 27.9 percent compared with the same two months in 2022.
