Recreational marijuana prices drop again in Michigan

Shhh…Can you hear it? The prices are falling again.

No, they are not $5 bucks for a big ole bag. Soon one could imagine. Especially if they keep handing out licenses. 

The average retail price for an ounce of recreational marijuana flower dropped to near$65 in February 2025, representing a decline of nearly 30% from about $92 in February 2024, and this marks a continuation of the overall downward trend in prices that has been observed since sales commenced in Michigan in December 2019, as reported in a recent monthly publication by Michigan’s Cannabis Regulatory Agency.

Total sales of recreational marijuana products in Michigan fell to $241 million in February, down from $247 million in January and $259 million in February of the previous year, according to the report, even though the total amount of products sold last month was greater than in February 2023.

Michigan Cannabis Regulatory Agency Reports

• Monthly Report – February 1, 2025 – February 28, 2025
• Monthly Report – February 1, 2024 – February 29, 2024

As always… Follow the money. If you can.

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