Michigan Cannabis Sales (Finally) Begin To Slow

Michigan cannabis sales for June fell sequentially decreased 0.3% from April. At $278.8 million, sales, which were up from May on a per-day basis, were up 6.9% from a year earlier, the slowest annual growth in over two years:

The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 78.4% from a year ago to $1.4 million, down 10.7% sequentially, and adult-use sales expanding 9.1% year-over-year to $277.4 million, down 0.2% sequentially:

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