Michigan recreational marijuana sales double in 2021

Michigan’s recreational marijuana sales doubled in 2021, the program’s sophomore year, fueling overall MJ sales and more than offsetting a decline in medical cannabis purchases.

The rapid growth in the past two years, driven by strong demand, has vaulted Michigan’s overall monthly sales ahead of those in more established markets such as Colorado.

Combined sales of medical and recreational marijuana products in Michigan reached $168 million in December 2021, just shy of the $171 million monthly sales record set in July.

By comparison, Colorado’s combined medical and recreational markets generated $158 million in sales in November, the latest numbers available.

Much of Michigan’s growth has been driven by recreational sales. Monthly sales have doubled since January 2021, with December sales topping $135 million.

Marijuana sales requiring a medical marijuana card declined last year as the recreational market gained its footing and patients left the MMJ program.

Read Full Story on MJ Biz Daily

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