Michigan Cannabis Sales Soar to Record $286.8 Million in March
Michigan’s adult-use cannabis market continues smashing records, with the latest data from the Cannabis Regulatory Agency (CRA) revealing staggering sales of $286.8 million in March alone. The remarkable figure accounts for a staggering 99% of the state’s total cannabis transactions for the month.
Within the booming adult-use market, cannabis flower remained the undisputed king with $131.4 million in sales. Vape cartridges followed at $54.4 million, while inhalable concentrates and edibles raked in $33.9 million and $26.3 million respectively.
Breaking it down regionally, Michigan’s east/southeast area, spanning cities like Ann Arbor, led with a whopping $128.9 million in adult-use sales. Southwest Michigan including Kalamazoo and Lansing came next at $79.4 million, followed by Detroit’s Wayne County ($31.8 million), the upper lower peninsula ($29.4 million), and central Michigan ($17.2 million).
As the recreational market surges, medical cannabis sales have continued their decline, amounting to just $2.1 million from 213 provisioning centers statewide. Michigan currently has 107,040 medical cardholders served by 191 physicians and 8,302 caregivers.
Alongside the sales milestones, the CRA reported 37 seizures of illicit cannabis by authorities totaling 14,929 plants, 11,165 pounds of flower, and 3,133 product units confiscated.
The latest figures top the previous state record set in December 2023 and contribute to Michigan surpassing the $3 billion mark in annual adult-use sales for 2023.
Recently, the state announced the disbursement of $290.3 million in cannabis tax revenue from the prior fiscal year. Municipalities will receive $87 million based on licensed businesses within their jurisdictions, while $101.6 million each will fund education and transportation initiatives.
As one of the nation’s longest-running recreational markets, Michigan’s consistent sales growth underscores the robust consumer demand and economic impacts of a properly regulated cannabis industry when allowed to thrive.
