Michigan Cannabis Sales Increase 56% in July to Record $171 Million

New Cannabis Ventures
By Alan Brochstein, CFAAug 13, 2021, 1:40 pm214 pts
Stabilization in flower prices and strong adult-use demand boosted Michigan cannabis revenue to a record $171.1 million in July, up 15% from June and 56% from a year ago. The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 18.8% from a year ago to…

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