Michigan Cannabis Sales Increase 52% to $165.6 Million in August

New Cannabis Ventures
By Alan Brochstein, CFASep 16, 2021, 5:13 pm265 pts
Stabilization in flower prices and strong adult-use demand boosted Michigan cannabis revenue in August by 52% compared to a year ago to $165.6 million, down 3.2% from July: The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 119.2% from a year ago to…

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