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Medical marijuana sales in Michigan exceed $42M after four months

Posted at 10:01 AM, Mar 07, 2019

Sales of medical marijuana in Michigan have exceeded $42 million in four months, according to the State Department of Licensing and Regulation.

The sales come from 54 licensed dispensaries since the first one opened at the beginning of November.

Nearly 8,700 pounds of medical marijuana have already been sold, meaning $3.5 million will be going to the state from a 6 percent sales tax.

Once dispensaries are approved to sell to recreational users, total sales are expected to top a billion dollars a year in Michigan.