DETROIT – In the first eight days of recreational marijuana sales in Michigan, businesses netted more than $1.6 million.
MORE: Where you can find recreational marijuana in Michigan
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Of that amount, more than $200,000 in tax revenue was generated.
State officials estimate that marijuana sales will generate nearly $950 million annually once fully established.
Three of the five shops that were selling recreational marijuana during the first week of legal sales sold out or had limited supplies.