Michigan just finished its first week of legal recreational marijuana sales and the amount the state made is tremendous.
Recreational marijuana sales totaled about $1.6 million in the inaugural week of business at the first retail shops in Michigan.
During December 1st to the 8th, the state saw about $270,400 in revenue from the excise and sales tax that is levied on marijuana according to the Detroit Free Press and MLive.com.
As of Monday, Michigan’s Marijuana Regulatory Agency issued 10 retail licenses for recreational marijuana. Five of these licenses began selling last week. More than 1,400 of the state’s roughly 1,800 cities, townships and villages aren’t allowing pot shops.
