Michigan recreational cannabis sales near $6.5 million in first month

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Adult-use marijuana transactions in Michigan reached almost $6.5 million during the first month of legalized sales in the state.

Recreational sales in Michigan, which kicked off on Dec.1. are expected to grow quickly in 2020 as dozens more adult-use retail stores are licensed, MLive.com reported.

As of Jan. 2, the Michigan Marijuana Regulatory Agency issued 54 recreational cannabis business licenses, including 26 retail permits to retailers.

That is almost double the number of licenses that had been predicted, according to the agency.