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Michigan Cannabis Sales Rebound in February, But Industry Leaders Warn More Closures Are Coming
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Michigan Cannabis Sales Rebound in February, But Industry Leaders Warn More Closures Are Coming
LANSING – Michigan’s cannabis market showed a modest rebound in February, but industry leaders say the numbers hide a more troubling reality: a price war, oversupply, and mounting financial pressure that could force weaker operators out of business in 2026. According to newly released state data, Michigan cannabis sales reached $234.6 million in February, up slightly from January’s sharp drop. But sales remain down compared to a year ago, extend…
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