Michigan’s Cannabis Businesses Make $1.63 Million In First Week Of Recreational Sales

Michigan’s Cannabis Businesses Make .63 Million In First Week Of Recreational Sales

The first ‘provisioning centers’ retailing recreational cannabis in Michigan rang up more than $1.6 million in sales in just the first week of business, according to data from state regulators. With only five shops open the week that legal recreational sales began in the state, adults purchased nearly $1.63 million in cannabis products from December 1 through December 8. Doug Hellyar is the president and chief operating officer of Lume Cannabis Company, the owner of the Lit dispensary in Evart, Michigan. Sales there were so brisk that the shop in Osceola County started to run out of inventory after only two days in business. “We are humbled that our first weekend of adult-use sales at Lit Provisioning Centers in Evart was so well- received,” he said. “People traveled from across the state, braved the cold and stood in line for hours to be among the first to purchase recreational marijuana in Northern Michigan.” “In under two days, we saw over 750 customers and did more than $75,000 in recreational sales, with the average customer spending $103,” Hellyar added. After opening on Friday, the Lit store quickly burned through 8 pounds of cannabis and the company announced on Sunday that the…

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Source : High Times
Link to original : Michigan’s Cannabis Businesses Make .63 Million In First Week Of Recreational Sales
reposted by Cannabis News World

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