Sensei Connects News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In this 2019 photo, Jeff Dennings, left, and Dave Crabill, industrial hemp farmers, check plants at their farm in Clayton Township, Mich. Michigan offers fertile ground for outdoor cultivation of both hemp and cannabis (which are actually the same plant). A new wave of cannabis home growers may be dampening demand for store-bought marijuana products. (AP Photo/Paul Sancya)
Something has gone mysteriously missing from Michigan’s cannabis industry over the last six months: cannabis sales.
Statewide sales hit a peak in July 2020, then began trending downward. What’s going on?
After opening the state’s first adult-use stores in Dec. 2019, Michigan’s cannabis industry saw sales increase month-over-month at a sharp incline. Recreational and medical sales combined for $35 million in revenue in Jan. 2020; by July 2020, the state was recording nearly $110 million in combined monthly sales. ....

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