{"id":24401,"date":"2025-07-20T19:16:11","date_gmt":"2025-07-20T19:16:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/24401\/"},"modified":"2025-07-20T19:16:11","modified_gmt":"2025-07-20T19:16:11","slug":"michigan-marijuana-market-cratering-amid-oversupply-difficult-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/24401\/","title":{"rendered":"Michigan marijuana market cratering, amid oversupply, \u2018difficult market\u2019"},"content":{"rendered":"<p>Sales have mostly fallen each month since then, coming in at $260.6 million \u2014 an 11% dip from the peak \u2014 last month. Last June, dispensaries sold $277.4 million in cannabis products.<\/p>\n<p>Meanwhile, Michigan received another 76 applications from people wanting to launch marijuana businesses.<\/p>\n<p>In Michigan, dispensaries are especially clustered along the borders of Indiana and Wisconsin, two states where marijuana remains illegal. Iron, Gogebic and Menominee counties along the Wisconsin state line and Branch and St. Joseph counties alongside Indiana each have more than three dispensaries per 10,000 people. Wayne County, by comparison, has 0.49.<\/p>\n","protected":false},"excerpt":{"rendered":"Sales have mostly fallen each month since then, coming in at $260.6 million \u2014 an 11% dip from&hellip;\n","protected":false},"author":2,"featured_media":24402,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[28,112],"class_list":{"0":"post-24401","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/24401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=24401"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/24401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/24402"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=24401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=24401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=24401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}