Michigan’s recreational marijuana businesses are on the verge of eclipsing the $10 billion mark in sales, only four years after the adult-use market launched.
Since they began on Dec. 1, 2019, aggregate adult-use sales in Michigan reached roughly $9.7 billion through October, the Bridge Michigan nonprofit news outlet reported, citing state statistics.
That’s an average of $279 million per month, according to the Michigan Cannabis Regulatory Agency.
In October, recreational marijuana sales in the state reached $267.6 million.
That total was down 9% from Michigan’s top sales month in 2024: $294.2 million in August.
Through October, Michigan’s adult-use sales exceeded $2.7 billion for the year.
In 2024, the state’s recreational cannabis market reached roughly $3 billion in sales.
The numbers back an MJBizDaily analysis in June showing that Michigan has become the sales leader in several key metrics among regulated marijuana markets in the United States – including California.
Meanwhile, as the number of active U.S. cannabis business licenses declined in the third quarter of 2024, Michigan added more than 330 permits, according to data from Cannabiz Media.
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