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Michigan August cannabis sales near $300 million despite Ohio launch | Where to order Skittles Moonrock online

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Michigan August cannabis sales near 300 million despite Ohio launch (19459000)

August’s sales increased by 3% compared to July, and even in areas bordering Ohio.

Despite the fact that some cannabis companies in Michigan were concerned about the launch of the Ohio market last month, the locals appear to still be quite fond of the plant. Sales have been strong. The total amount of money raised exceeded $295 million August is the month of August.

According to the state Cannabis Regulatory Agency of Michigan, dispensaries in Michigan sold recreational marijuana products worth $294.1 millions and medical marijuana worth $1.2 million, totaling $295.3million.

This is despite the fact neighboring Ohio has also Sold $44 Million Cannabis for August after its legalization went live Ohio has 126 dispensaries, but Michigan has 827 recreational cannabis shops and 186 medical dispensaries. Ohio has 126 dispensaries, compared to Michigan’s 827 recreational cannabis shops as well as 186 medical dispensaries.

In Michigan, cannabis flower is still the most popular product, accounting for 129.3 million dollars of sales last month. Vape cartridges came in second with sales of $54.3 million, followed by inhalable compounds concentrates at $41.8 million.

Michigan cannabis sales increased by about 3% compared to July, when dispensaries had sold $286 million in cannabis products. Detroit Free PressThe market is up 9% from the $271 million sales in August last year.

The Free Press found that even the regions of Michigan directly bordering Ohio, the Southeast and southwest increased cannabis sales from July to August.

The Free Press pointed out that it could be related to prices. The Free Press noted that an ounce of marijuana flowers in Ohio costs consumers around $250 while the same product can be purchased in Michigan for only $80. This huge price difference is largely due to the fact that there are many more cannabis companies competing in the north.

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