Michigan Cannabis Sales Hit Record High In 2023, Creating Tax Windfall For Governments

Licensed cannabis dispensaries in Michigan rang up a record $3.06 billion in sales in 2023, a 25% increase over 2022.

To put that into perspective, the total sales of medical and recreational cannabis last year equates to $385 worth of cannabis for each adult in the state.

The year ended with the highest month of sales on record. In December, dispensaries sold $279.9 million worth of cannabis, beating the previous monthly record of $276.5 in sales set in July 2023.

– Read the entire article at Metro Times.