Recreational Marijuana Sales in Michigan Rose 40% in January
It's been a little more than two months since the recreational pot market opened for business in Michigan on Dec. 1, 2019. During its first month, the state reported sales of nearly $7 million and in January that rose by 40% to $9.8 million. Medical marijuana revenue also increased, from $24.9 million to $25.2 million.
Flower products dominated sales, making up nearly half of the state's total recreational pot revenue. Vape cartridge sales totaled $2.5 million in January and accounted for about 26% of all sales. That's up from December when vape cartridges had a 23% share of revenue.
Source Fool.com
