The average sale price per ounce of flower at your local Michigan pot shop hit another all-time low at $95.12 last November, according to data from the CRA. In November 2020, the average price for pot was $376 an ounce.
The state predicts $2.3 billion in projected sales and $379 million in projected taxes. Recreational sales are still rising, with a lower price tag but in higher volumes. Medical sales are way down. According to those numbers, 16.47% of all weed sales in Michigan are paid back to the state of Michigan by means of sales and excise taxes. Not a bad take by the government for our right to toke.
