Michigan marijuana prices hit another record low | Crain's Detroit …

17 hours ago · The average price for an ounce of cannabis flower in Michigan’s adult-use market has fallen nearly 21% year-to-date to $73.99 in October, cutting into margins for the industry. …

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Michigan Marijuana Prices Hit Another Record Low | Crain's Detroit …

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17 hours ago · The average price for an ounce of cannabis flower in Michigan’s adult-use market has fallen nearly 21% year-to-date to $73.99 in October, cutting into margins for the industry. …

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Michigan Marijuana Prices Hit Another Record Low | Crain's Detroit …

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1 day ago · Marijuana prices dropped another 6% in October, setting yet another record low and putting more pressure in the already strained cannabis operators in the state. Michigan …

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Michigan Cannabis Prices Hit Another Record Low, But Industry …

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17 hours ago · The average price for an ounce of cannabis flower in Michigan’s adult-use market has fallen nearly 21% year-to-date to $73.99 in October, cutting into margins for the industry. …

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Michigan Cannabis Prices Hit All-Time Low Of Less Than $80 Per …

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Sep 5, 2024 · The price of retail cannabis in Michigan has reached record lows with the average cost for an ounce of cannabis flower dropping to $79.70 in July, according to a Crain’s Detroit …

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Michigan Cannabis Prices Hit All-Time Low Of Less Than $80 Per …

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The price of retail cannabis in Michigan has reached record lows with the average cost for an ounce of cannabis flower dropping to $79.70 in July, according to a Crain’s Detroit Business …

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Michigan Marijuana Market Sets New Sales Record | Crain's Detroit …

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Sep 18, 2024 · The regulated market set another new sales record in August with the industry selling more than $295.4 million worth of marijuana, up nearly $7 million from the previous …

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Michigan Marijuana Prices Hit A Record Low In July. Why?

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Sep 3, 2024 · The average price for an ounce of marijuana flower was $79.70, according to data from the Michigan Cannabis Regulatory Agency. Total adult-use sales totaled $286.4 million, …

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Michigan Marijuana Sales Fall As Market Faces Oversupply | Crain's ...

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Oct 16, 2024 · Michigan legal market marijuana sales plummeted nearly 10% in September, marking the end of the state’s summer vacation season.

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Michigan Marijuana Prices Hit A Record Low In July | Crain's Detroit ...

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Sep 3, 2024 · Michigan marijuana sales hit new record high in March Michigan's weed market topped $3B in 2023. That's more than $300 per person. That's more than $300 per person. …

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Michigan: Cannabis Market Struggles Oversupply, Falling Prices

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Oct 18, 2024 · The drop in cannabis prices in Michigan is significant, with the average price of an ounce of recreational flower hitting an all-time low at $78.68, down 15.6% since January. In …

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Michigan Cannabis Market Faces Record Low Prices Amid …

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Sep 22, 2024 · Michigan’s retail cannabis market experienced a notable drop in prices, with the average cost of an ounce falling to $79.70 in July. This marked a new low compared to …

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Marijuana Retail Report

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Aug 15, 2023 · Michigan’s marijuana market continues its ascent, breaking another sales record in July. The industry sold roughly $276.75 million worth of adult-use recreational and medical …

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Michigan's Cannabis Market Hits $837M Record: What's

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Jul 18, 2024 · Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million …

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Michigan Marijuana Prices Spiked Last Month For The First Time …

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Mar 22, 2023 · Margins were all but eliminated due to declining prices brought on by an oversupply of product — recreational marijuana retail prices were $512.05 per ounce in …

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FAQs about Michigan marijuana prices hit another record low | Crain's Detroit … Coupon?

What makes Michigan a 'unrestricted but limited' cannabis market?

Michigan's "unrestricted but limited" cannabis market, characterized by intense competition and robust consumer growth continues to thrive. Key factors include licensing, competition, pricing, and cross-border trading, with low prices and retail proximity being major drivers of consumer choice. ...

What's driving the boom in Michigan's cannabis market?

Michigan's Cannabis Market Hits $837M Record: What's Driving The Boom In The Midwest? Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million in Q2 2023, according to a report by Beacon Securities. ...

Does Michigan have a cannabis market?

Despite challenges, Michigan's legal cannabis market outpaced California in unit sales, with Michigan selling 22 million cannabis products in March compared to California's 21.3 million. What Makes Michigan Special? ...