Michigan’s 2020 Adult-Use Cannabis Sales Surpass $200 Million

Adult-use sales have generated nearly $35 million in excise and sales tax revenues since the market launched in December 2019.

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Adult-use cannabis sales in Michigan have topped $200 million so far this year, according to a Michigan Radio report.

The Michigan Regulatory Agency has indicated that for the past two months, cannabis businesses have reported between $10 million and $14 million in weekly sales, according to the news outlet.

Adult-use sales have generated nearly $35 million in excise and sales tax revenues since the market launched in December 2019, Michigan Radio reported.

Last month, the market reached another milestone when the state’s weekly adult-use cannabis sales exceeded medical sales for the first time.

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