Something has gone mysteriously missing from Michigan’s cannabis industry over the last six months: cannabis sales.

After opening the state’s first adult-use stores in Dec. 2019, Michigan’s cannabis industry saw sales increase month-over-month at a sharp incline. Recreational and medical sales combined for $35 million in revenue in Jan. 2020; by July 2020, the state was recording nearly $110 million in combined monthly sales.Statewide sales hit a peak in July 2020, then began trending downward. What’s going on?

After opening the state’s first adult-use stores in Dec. 2019, Michigan’s cannabis industry saw sales increase month-over-month at a sharp incline. Recreational and medical sales combined for $35 million in revenue in Jan. 2020; by July 2020, the state was recording nearly $110 million in combined monthly sales.

To read more, click on https://www.leafly.com/news/industry/michigan-cannabis-sales-are-down-and-the-reason-may-be-in-your-neighbors-backyard