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Michigan’s Recreational Cannabis Industry Shows Signs of Overgrowth

Michigan is feeling the effects of the oversaturation of the marijuana market, industry attorney Lance Boldrey said.
Michigan’s Recreational Cannabis Industry Shows Signs of Overgrowth
A marijuana dispensary in Pueblo West, Colo., on Sept. 29, 2020. Charlotte Cuthbertson/The Epoch Times
Mark Gilman
Mark Gilman
6/27/2024|Updated: 6/27/2024
0:00

Colorado became the first state in the United States to sell state-regulated recreational marijuana on Jan. 1, 2014. Since then, recreational marijuana has become legal in 24 states and the District of Columbia, with 17 additional states legalizing medical marijuana.

Michigan, which legalized recreational cannabis at the end of 2019, has turned its cannabis sales into a tax boon for state programs. According to data from cannabis data company BDSA, the state has become the top cannabis sales market in the United States.
Mark Gilman
Mark Gilman
Author
Mark Gilman is a media veteran, having written for a number of national publications and for 18 years served as radio talk show host. The Navy veteran has also been involved in handling communications for numerous political campaigns and as a spokesman for large tech and communications companies.
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