Michigan February Cannabis Sales $261.1 Million, Up 10 Percent From January
LANSING – Michigan cannabis sales in February totaled $261.1 million, up nearly 10 percent from the $242.8 recorded in January. Total includes both adult-use and medical sales. Adult-use sales were $257.9 million, and medical only $2.2 million.
For medical cannabis the average ounce sales price was $102.16 and for adult-use $91.94, the Cannabis Regulatory Agency reported. Some 474.9 pounds of marijuana was sold to the adult-use market.
The CRA also reported 35,335 people were employed by both the medical and adult-use cannabis companies.
Biggest sellers by category include: flower $118.4 million, Vape Carts $49.7 million, Inhalable compound concentrate, $28.9 million, Infused edibles $24.2 million, and Shake and Trim, $20.8 million. See the full list by category below:
|
February 1 – February 29 |
|||
|
Product Type |
Pounds Sold |
Fluid Ounces Sold |
Total Sales |
|
Flower |
80,463.73 |
0.00 |
$118,364,463.66 |
|
Shake/Trim |
21,570.44 |
0.00 |
$20,810,819.73 |
|
Concentrate |
3,089.37 |
0.00 |
$15,428,855.68 |
|
Inhalable Compound Concentrate |
7,902.16 |
0.00 |
$28,858,791.87 |
|
Vape Cartridge |
9,494.76 |
0.00 |
$49,717,379.36 |
|
Kief |
15.68 |
0.00 |
$51,630.26 |
|
Infused-Edible |
350,520.37 |
7.10 |
$24,180,154.12 |
|
Infused Non-Edible Solid |
1,218.96 |
0.00 |
$507,475.79 |
|
Infused Liquid |
0.00 |
698,587.08 |
$821,346.29 |
|
Infused Non-Edible Liquid |
0.00 |
15,242.56 |
$116,728.44 |
|
February Total |
474,275.47 |
713,836.74 |
$258,857,645.20 |
Read the full CRA February Statistical Report.
No Byline Policy
Editorial Guidelines
Corrections Policy
Source