Michigan May Cannabis Sales Stall

New Cannabis Ventures
By Alan Brochstein, CFAJun 9, 2023, 2:48 pm184 pts
Michigan cannabis sales fell 0.1% in May from the shorter April to $245.9 million. On a per-day basis, sales slipped 3.3%. The growth of 31.9% from a year ago was up a little from the 26.2% level last month: The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales…

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