Michigan, Top Seller Of Legal Cannabis In US Reports Flat Sales In June, Colorado’s Marijuana Downturn Continues

Top Seller Of Legal Cannabis In US Reports Flat Weed Sales In June

Much like in May, Michigan marijuana sales remained relatively flat in June, with a total of $278.8 million in cannabis products sold last month. In May, that figure was slightly higher at $279.6 million, while $278.5 million worth of marijuana goods was sold to Michiganders in April by the state’s legal dispensaries.

As New Cannabis Ventures reported, citing data from the Michigan Cannabis Regulatory Agency, June sales increased by 6.9% year-over-year. That’s “the slowest annual growth in over two years,” NCV’s Alan Brochstein said.

As opposed to medical sales that dropped 78.4% year-over-year …

Full story available on Benzinga.com