Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

US (MI): For the first time in six years since legalization, State sales decline

For the first time since Michigan legalized recreational cannabis in 2019, the state's adult-use industry is showing signs of contraction, a troubling shift for marijuana businesses and state and local governments that depend on the tax revenue.

Between January and April 2025, dispensaries sold $1.03 billion in cannabis products, according to new data from the state's Cannabis Regulatory Agency. That's down from $1.06 billion during the same period last year, marking the first year-over-year decline.

The slide may seem minor, but it marks a turning point for an industry once defined by rapid growth. From 2022 to 2024, first-quarter sales rose sharply each year. In the first four months of 2024, for example, adult-use sales jumped 17% compared to the year before. In 2023, sales nearly doubled over 2022.

That pattern has now reversed, and the stakes go beyond businesses and consumers. Adult-use cannabis is subject to a 10% excise tax and 6% sales tax. Since legal sales began, Michigan has collected more than $1.9 billion in cannabis-related tax revenue — money that helps fund schools, infrastructure, and local governments across the state.

Read more at Detroit Metro Times