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Michigan Cannabis Prices Drop Again Due to Overproduction

Photo: Phil Didion ~ USA TODAY NETWORK

PODCAST:

Nov. 19, 2024 ~ Michigan marijuana prices fell by 6% in October, down to $73.99 per ounce of cannabis flower, reducing profit margins for local dispensaries. Guy Gordon, Lloyd Jackson, and Jamie Edmonds talk with Crain’s Detroit Business senior reporter Dustin Walsh about why the price of marijuana is falling in Michigan, and how another Trump administration will classify the drug moving forward.


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