Michigan Cannabis Sales Fell Again
- Michigan cannabis sales in March 2026 totaled $255.5 million, falling 7.8% year-over-year but increasing 8.9% sequentially.
- Medical cannabis sales declined 36.8% year-over-year to $0.4 million and fell 3.8% sequentially, while adult-use sales decreased 7.7% year-over-year but rose 8.9% sequentially to $255.5 million.
- The average price of adult-use cannabis flower was $987 per pound in March, rising 3.0% sequentially after hitting a record low in December but still down 5.3% from the previous year.
- Michigan cannabis sales grew significantly from 2021 to 2024, peaking at $3.29 billion in 2024, but have experienced declines since, with a 7.8% drop recorded in 2026.
Michigan cannabis sales for March fell from a year ago as they increased sequentially by 8.9%. At $255.5 million, sales were down 7.8% from a year earlier:
The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 36.8% from a year ago to $0.4 million, down 3.8% sequentially, and adult-use sales decreasing 7.7% year-over-year to $255.5 million,up 8.9% sequentially.
The state breaks out sales by category and provides pricing detail by category, for both medical and adult-use:
As supply continues to expand, flower pricing for adult-use has seen a dramatic decline, though the decline has been slowing. In March, the average price of $987 per pound, rose 3.0% sequentially after a record low in December and declined 5.3% from a year ago:
Michigan cannabis sales expanded 82.1% in 2021 to $1.79 billion, 27.9% in 2022 to $2.29 billion and 33.3% to $3.06 billion in 2023. In 2024, they grew by 7.6% to $3.29 billion, and they were down 3.5% in 2025 to $3.18 billion. In 2026, Michigan cannabis sales have declined 7.8%.