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Four years ago, an ounce cost on average $287.92 in Michigan. It has since dropped more than $200, the state's cannabis regulatory agency reports. Michigan marijuana prices hit new low after years ...
Michigan's cannabis industry sold $3 billion in both recreational and medical marijuana in 2023, making the state the second biggest cannabis market in the U.S. behind only California. Prices ...
In short - it’s a great time to be a pot smoker and a challenging time to be on the retail side in Michigan. “Let’s just say I could come in to this dispensary now and buy an eighth every ...
Subscribe Support local news. Subscribe to the Daily Reporter. ... Michigan marijuana tax shares increase from 2023 retail sales. Show comments. Advertisement. Advertisement.
On November 6, 2018, Michigan voters approved Proposal 1 by a 56–44 margin, making Michigan the 10th state (and first in the Midwest) to legalize cannabis for recreational use. [ 17 ] The Michigan Regulation and Taxation of Marihuana Act allows persons age 21 and over to possess up to 2 + 1 ⁄ 2 ounces (71 g) of cannabis in public, up to 10 ...
According to state reports from Michigan’s Marijuana Regulatory Agency, in October 2020 the average retail price for an ounce of marijuana flower was around $288 dollars. A year later, consumers ...
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Medical marijuana is legal in 33 states. The US cannabis market, in general, has been opening up, especially since Canada legalized marijuana in late 2018. Despite the progress being slow, 11 ...