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US (MI): Cannabis prices at lowest point since legalization

Cannabis prices are dropping in Michigan; they're at their lowest point since becoming legalized in 2018. While that's an issue for growers, those on the sales side say business has never been better.

According to Crain's Detroit Business, sales of marijuana in Michigan are on pace to hit $3.3 billion this year.

"This last year has been really good. I've been coming up on my first year with the company, and just since the time I've been here, it's just going up and up every single week," said Hannah Stewart, assistant manager at Bud Brothers Huron in Bangor Township.

She said strong sales are increasing in strength, fueling a healthy bottom line. Stewart said she isn't surprised by the level of consumer demand for cannabis products.

Read more at WNEM

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