5 Cheapest Legal Weed States to Live in

In this article, we are going to discuss the 5 cheapest legal weed states to live in. If you want to check out our detailed analysis of the cannabis industry in the U.S., the fastest growing category in the cannabis industry, and the effect of legalization on the prices of marijuana, head to 15 Cheapest Legal Weed States to Live in.

5. Michigan

Average Price of Weed per Ounce: $289.1

Cost of Living Index: 92.7

Insider Monkey Score: 6

According to a 2022 cannabis industry job report, Michigan ranks 3rd in the country by the number of people employed in its cannabis industry. However, as the industry continues to boom, some companies are beginning to fall behind. 

Skymint – one of the biggest producers in Michigan – entered into receivership in March after defaulting on a $127 million loan. This is the fifth cannabis company in the Great Lake State to recently enter into receivership.