Benchmarking
Market ComparisonAug 2026
Michigan's two-year sales decline of 7.3% stands out among emerging-tier markets, driven almost entirely by relentless price compression rather than weakening consumer interest. The state lost roughly one in fourteen dispensaries over the past year, trimming the count to 781, yet per-store throughput appears to be rising as remaining locations consolidate demand in an increasingly competitive landscape.
24-Month Trend
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Benchmarking
Market ComparisonAug 2026
Michigan's two-year sales decline of 7.3% stands out among emerging-tier markets, driven almost entirely by relentless price compression rather than weakening consumer interest. The state lost roughly one in fourteen dispensaries over the past year, trimming the count to 781, yet per-store throughput appears to be rising as remaining locations consolidate demand in an increasingly competitive landscape.
24-Month Trend
| State | Sales | YoY |
|---|---|---|
| California | $340-350M | -0.7% |
| Michigan | $250-260M | -9.3% |
| Florida | $170-180M | -1.6% |
| New York | $150-160M | +0.6% |
| Massachusetts | $150-160M | -2.4% |
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