Mixed hashish gross sales in Michigan reached a brand new document in July, totaling $275 million, in line with Hashish Regulatory Company (CRA) data. Grownup-use gross sales in July topped $270 million – a 43.3% enhance from June 2022.
The full places hashish gross sales in Michigan on tempo for $3 billion this yr. If it reaches that aim, Michigan would be part of California as the one states to internet $3 billion in annual hashish gross sales, in line with MI Tech News. Via July, adult-use gross sales within the state neared $1.6 billion, in line with CRA information.
Via the primary seven months of the yr, Michigan’s dispensaries offered greater than 571,000 kilos of hashish flower, mixed for grownup and medical use. The full represents a 107% enhance from the roughly 276,000 kilos offered in the course of the first seven months of 2022, in line with the CRA information.
Via July, hashish gross sales by month averaged $243.3 million.
Flower comprised the majority of adult-use gross sales in Michigan final month, topping $126,000, adopted by vape cartridges ($51.8 million), infused edibles ($27.3 million), inhalable compound concentrates ($24.7 million), shake and trim ($23.4 million), and concentrates ($15.1 million).
As of July 31, Michigan has 2,080 lively hashish licensees, together with 704 adult-use hashish retailers. Michigan legalized hashish for adult-use in 2018.
Get day by day hashish enterprise information updates. Subscribe