Michigan cannabis sales hit record high in 2023, creating tax windfall for governments

Pot sales generated $457.6 million in new taxes last year, a massive amount of money for roads, schools, and local governments

By Steve Neavling

Licensed cannabis dispensaries in Michigan rang up a record $3.06 billion in sales in 2023, a 25% increase over 2022. To put that into perspective, the total sales of medical and recreational cannabis last year equates to $385 worth of cannabis for each adult in the state...

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