Recreational marijuana sales in Michigan crack $200 million in 2020
Michigan’s recreational marijuana industry has reached another milestone.
Nearly seven full months into 2020, Michigan’s adult-use cannabis industry has sold more than $200 million in recreational marijuana products.
Since adult-use sales began, sales numbers have been rising nearly every week.
The Marijuana Regulatory Agency says for the past two months cannabis businesses have been reporting between $10 million to $14 million in weekly sales.
Since last December, recreational sales have generated nearly $35 million in excise and sales tax revenues.
Michigan voters approved recreational marijuana sales in 2018. But legal sales did not begin until the final month of 2019.