Michigan marijuana retailers sold $295,412,252 worth of medical and recreational cannabis in August, setting a new monthly record.
The previous record was set in March, when total sales hit $288,843,279, according to MJBizDaily’s analysis of the latest data released by the Michigan Cannabis Regulatory Agency (CRA).
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Sales in August were up 2.7% over July, when retailers reported $287,743,072 in total sales.
Medical marijuana sales accounted for less than 1% of total regulated cannabis sales in August, according to MJBizDaily analysis.
August marked the third-consecutive month of increasing sales in the state.
Michigan retailers in August also broke a monthly record for selling 100,894 pounds of flower, Cannabis Business Times reported.
Meanwhile, the average price per ounce of flower was $80.14, a near-record
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