According to New Cannabis Ventures. Michigan’s overall cannabis sales for March saw a slight dip compared to the previous year, though they experienced a sequential increase of 8.9%, according to data reported by New Cannabis Ventures. Total sales reached $255.5 million, marking a 7.8% decrease year-over-year.
The Michigan Cannabis Regulatory Agency data, as analyzed by New Cannabis Ventures, further breaks down sales by market segment:
- Adult-Use: Sales decreased 7.7% from a year ago to $255.5 million but rose 8.9% sequentially.
- Medical: Sales continued a significant decline, falling 36.8% year-over-year and 3.8% sequentially, totaling only $0.4 million.
New Cannabis Ventures also highlighted the state’s pricing trends. For adult-use flower, average pricing of $987 per pound rose 3.0% sequentially after a December low, but it remains 5.3% lower than a year ago.
Focus on Northern Michigan’s Thriving Cannabis Market
For those in Northern Michigan, including customers of Dunegrass, these statewide trends provide important context. While the overall market saw a year-over-year decline, the sequential increase in adult-use sales suggests continued strong consumer activity, especially in Cadillac, Manistee, Beulah and Interlochen. Dunegrass remains committed to providing quality cannabis products and flower to its customers across Northern Michigan, ensuring competitive pricing despite broader market fluctuations.
Michigan Cannabis Market Growth: A Historical Look
The analysis from New Cannabis Ventures provides historical context on the rapid expansion of the Michigan market:
- 2021: $1.79 billion (82.1% growth)
- 2022: $2.29 billion (27.9% growth)
- 2023: $3.06 billion (33.3% growth)
- 2024: $3.29 billion (7.6% growth)
- 2025: $3.18 billion (3.5% decline)
- 2026 (YTD): Down 7.8%
Dunegrass customers in Northern Michigan can rely on their local cannabis retailer for the latest product offerings and competitive pricing in this dynamic statewide environment. Dunegrass is a cannabis retailer with locations in Beulah, Cadillac, Interlochen (Traverse City) and Manistee
