420 with CNW – Medical Marijuana Prices in Michigan Rise as Recreational Sales Near
The cost of cannabis flower in Michigan has risen by about 50 percent from the time medical marijuana became available in the state nearly ten months ago. In August, the wholesale price of an ounce reached $249, the highest it has ever been from the time the regulated market was opened. This increase in the price of marijuana flower comes as the supply is declining. This decline started in April and the numbers have been dropping to the lowest point in August. The price hike comes despite the fact that while marijuana from caregivers is still dominating the market, the…