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Michigan Cannabis Sales Sink Toward Two-Year Low as 24% Tax Rocks $3B Industry
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Michigan Cannabis Sales Sink Toward Two-Year Low as 24% Tax Rocks $3B Industry
LANSING – Michigan’s legal cannabis market may have just posted its worst monthly sales performance in more than two years — a decline many industry operators say is tied to the state’s controversial new 24 percent wholesale marijuana tax. Preliminary industry data from cannabis analytics firm Headset.io projects Michigan cannabis sales dropped to about $206.18 million in February, a 14.8 percent decline from February 2025. If confirmed later th…
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