Tag: CBT > Michigan Marijuana Sales

Michigan

Michigan Eclipses $10 Billion in Adult-Use Cannabis Sales

The Great Lakes State finished 2024 with another record-breaking year, as the average retail price for flower dipped below $70 per ounce.

January 13, 2025

Top Stories

Michigan Dispensaries Break $3 Billion Annual Sales Record, 103K Pounds Monthly Flower Record

The records come as the state’s average retail price per ounce dropped to another all-time low in November.

December 17, 2024

Arizona

11 States Projected to Be Billion-Dollar Cannabis Markets in 2024

Maryland will be the newest state to join the 10-figure club this year, while three other states are expected to come just shy of the sales mark.

September 16, 2024

California

Michigan Dispensaries Set Monthly Sales Record in August, Closing Gap on California

The Wolverine State’s licensed cannabis facilities broke a single month record for revenue and flower pounds sold.

September 11, 2024

Michigan

Michigan’s Adult-Use Cannabis Sales Up 21% From Last Year

The nation’s second-largest market reported nearly $1.1 billion in sales through the first four months of 2024.

May 15, 2024

Michigan

Highway Horticulture’s Passion for Passionate People

Finding employees who take pride in their work, promoting from within, and communication drive the company’s top-ranking culture.

March 27, 2024

Michigan

Is the Cannabis Industry Focused on the Wrong Metrics For Success?

Lume Cannabis Co. CEO Dave Morrow, a former champion lacrosse player who founded Warrior Sports, says "creating innovative units at scale" is key to building a brand consumers love.

February 28, 2024

Michigan

Fast Take With Kevin Kuethe, Chief Cultivation Officer, Lume Cannabis Co.

"To be able to function and operate, you have to be on point at all times," Kuethe says of the requirements to be successful in the cannabis industry.

February 19, 2024

Michigan

Lume’s Rapid Rise

How Lume Cannabis Co. has flourished—growing from $2 million to nearly $200 million in revenue in four years—amid Michigan’s plunging retail prices and other challenges.

February 12, 2024

Michigan

Michigan Caps Off $3 Billion Year in Cannabis Sales With Record-Breaking December

The state’s licensed dispensaries sold nearly 1 million pounds of cannabis flower in 2023 at an average cost of $92 per ounce to consumers.

January 16, 2024

Michigan

Consumer and Sales Trends in the Second Largest US Cannabis Market

On the four-year anniversary of adult-use sales in Michigan, consumer purchasing trends reveal insights about top brands, product categories, illicit market competition and more.

December 1, 2023

Michigan

Michigan’s 4-Year Adult-Use Sales Anniversary: A Visual Recap

December 1, 2023