Pot sales top $1.6M in first week
LANSING (AP) — Recreational marijuana sales totaled about $1.6 million in the inaugural week of business at the first retail shops in Michigan.
Sales during the Dec. 1-8 period brought the state roughly $270,400 in revenue from the excise and sales taxes levied on pot.
As of Monday, Michigan’s Marijuana Regulatory Agency issued 10 retail licenses for recreational marijuana, five of which began selling last week.