Michigan’s Weekly Adult-Use Cannabis Sales Exceed Medical Sales for First Time
Michigan’s weekly adult-use cannabis sales surpassed the state’s medical sales for the first time last week, according to an mlive.com report.
Between June 8 and June 14, adult-use sales totaled $10.02 million, the news outlet reported, while medical sales totaled $9.97 million.
Adult-use and medical sales have been on an upward climb since Michigan launched its recreational market in December. Weekly adult-use sales are up more than 800%, mlive.com reported, while weekly medical sales have nearly doubled.
At the same time, there has been a decline in registered medical cannabis patients and caregivers, according to the news outlet, with 7% of patients and 8% of caregivers leaving the program since adult-use sales launched in December.
Overall, Michigan has seen $138 million in adult-use cannabis sales since the market launched, versus $473 million in medical sales over the same period of time, mlive.com reported, adding that the state has collected $22.9 million in adult-use cannabis excise and sales taxes since December.
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