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. June's total sales were $279 million, slightly down by less than 1% from May but up 7% year-over-year from $261 million in June 2023.
