Monday, August 16, 2021

Michigan shatters record for marijuana sales in July, pulling in more than $23 million in tax revenue

Posted By on Mon, Aug 16, 2021 at 12:36 PM

click to enlarge Criminal convictions for marijuana-related offenses can now be wiped clean in Michigan — but you have to take initiative. - SHUTTERSTOCK
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  • Criminal convictions for marijuana-related offenses can now be wiped clean in Michigan — but you have to take initiative.

Fireworks weren't the only thing ablaze in Michigan last month.

July was yet another record-breaking month for Michigan marijuana sales, which netted more than $171 million, according to Marijuana Moment.

Michigan cannabis consumers were responsible for $128 million in adult-use recreational sales and $43 million in medical marijuana sales, generating more than $23 million in tax revenue for Michigan's roads, schools, municipalities, and counties.

Breaking weed records is on-trend for Michigan, as the state saw $149 million across medical and recreational cannabis sales in June — but we're not alone.

Recent data found that sales in several states with legal weed, namely Alaska, Colorado, Oregon, and Washington, "have increased more during the COVID-19 pandemic than in previous two years."

“Findings show a general increase in cannabis sales following stay-at-home orders issued in AK, CO, OR, and WA in late March 2020,” according to the International Journal of Drug Policy. “In all four states, those increases were greater than the percent increases observed in the preceding two years.”

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