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Michigan Cannabis Sales Dip As Legal Action Against Retailers Gathers Pace

New figures from the Michigan Cannabis Regulatory Agency (MCRA) show that October cannabis sales fell 4.3% compared with September.

Although this represented a year-on-year sales increase of 25.5%, it marked the third consecutive month of decline in the state.

This was driven by a significant drop in medical cannabis sales, seeing revenues fall over 70% to $4.9m compared to October 2022, and 10.2% compared with September.

However, this was largely mainly attributed to a decline of the much larger adult-use market, which saw sales fall 4.2% month-on-month, despite a 33% increase year-on-year.

This fall in overall revenues is also a reflection of the drop in prices for adult use cannabis, dropping 4.9% to $1562 on an annual basis.

These figures come alongside reports from the MCRA that a number of fines have been issued against the state’s cannabis retailers.

In October, 28 complaints were listed against a number of different companies, including a number of instances where complaints have been withdrawn by the regulator.

These infractions range from failing to retain 30 days of video surveillance, seeing Aim High Meds fined $7000, to selling expired gummies, which cost retailer Exclusive Kalamazoo $3000 in fines.

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