Michigan cannabis sales hit record high in 2023, creating tax windfall for governments

[marmar]

(Detroit Metro Times) 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.

A vast majority of the sales were recreational, also known as adult use, which amounted to $2.74 billion in 2023. ...............(more)

https://www.metrotimes.com/weed/michigan-cannabis-sales-hit-record-high-in-2023-creating-tax-windfall-for-governments-35304934

[mitch96]

1. It's all about the benjamins.. All the pontificating about the "morals" of MJ go out the window when

politicians see money going into the coffers... Like cig and booze tax they get addicted to the money..
My take anyway...
m