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Michigan Marijuana Sales Hit Another Record High, Reaching $277 Million In July

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Michigan marijuana sales reached yet another record high in July, with nearly $277 million worth of cannabis sold.

Adult-use marijuana purchases accounted for the majority of the total, at $270,603,217. Medical marijuana sales were at $6,143,046.  This beats the prior record set in June by more than $16 million.

Most of the cannabis purchases came from flower, followed by vape cartridges and infused edibles, the Michigan Cannabis Regulatory Agency (CRA) data, first reported by New Cannabis Ventures, shows.

The state is seeing these consistent record-setting sales even as the average cost of marijuana has remained at record lows, with the price of an ounce for adult-use cannabis now hovering around $98. In December 2021, by contrast, the cost of an ounce was about $180. The average ounce for medical marijuana last month sold for $102.

While the state’s cannabis market has continued to mature, businesses still face challenges under federal prohibition, including a lack of access to traditional financial services that has created a cash-intensive industry that is uniquely targeted by crime.

Meanwhile, former Michigan House Speaker Rick Johnson (R), who went on to chair the state’s Marijuana Licensing Board, caught headlines in April after a federal prosecutor charged him for allegedly taking bribes in exchange

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Marijuana Moment

Cannabis rescheduling back in DEA leader’s hands (Newsletter: January 20, 2025)

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Biden commutes drug sentences; Cannabis Caucus leader’s 2025 plan; IN & KY govs talk marijuana; VA legal sales bill advances; Yellen on psychedelics

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President Joe Biden commuted the sentences of nearly 2,500 people serving time in federal prison for nonviolent drug offenses, including several who have been incarcerated due to marijuana-specific convictions.

A Drug Enforcement Administration judge sent a letter informing the head of the agency that the marijuana rescheduling process is back under her purview following his cancelation of hearings that were set to start on Tuesday, and urging her to involve all witnesses in the steps ahead.

New Congressional Cannabis Caucus Co-chair Rep. Ilhan Omar (D-MN) told Marijuana Moment that her plan to advance

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DEA cannabis rescheduling hearings canceled by judge (Newsletter: January 14, 2025)

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VA gov slams legal marijuana sales push; USDA hemp appointments; KY bill on medical cannabis & gun rights; Dallas police end marijuana arrests

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A Drug Enforcement Administration judge canceled the marijuana rescheduling hearings that were set to begin next week amid an ongoing dispute about whether the agency actually supports the proposal it is supposed to be defending.

Earlier in the day, the Drug Enforcement Administration declined the opportunity to say if it supports the marijuana rescheduling proposal it is supposed to be defending

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2024 was a big year for cannabis (Newsletter: December 27, 2024)

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Retiring rep: Feds “trapped in time” on marijuana; ATF warns KY medical cannabis patients; Study: CBD reduces alcohol cravings

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2024 was a big year for marijuana reform. Here’s a look at the top federal developments—including the advancement of the rescheduling process, both major party presidential candidates endorsing cannabis reform and actions by agencies across the government.

Retiring Rep. Earl Blumenauer (D-OR) said his work on marijuana reform was simultaneously one of the “greatest areas of satisfaction” and “greatest disappointments” of his career as the federal government remains “trapped in time” on the issue.

A Bureau of Alcohol, Tobacco, Firearms and

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