Plunging Prices Push Michigan Cannabis Sales 9% Lower in January

New Cannabis Ventures
By Alan Brochstein, CFAFeb 9, 2022, 8:42 am198 pts
Following a record-setting December for adult-use sales, Michigan cannabis sales in total decreased 9% to $152.6 million in January, up 41% from a year ago: The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 32% from a year ago to $28.0 million,…

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