Grownup-use hashish gross sales in Massachusetts reached $5 billion on August 31 after record-breaking month-to-month gross sales in June, July, and August, based on the state Hashish Management Fee (CCC). Gross sales surpassed the $4 billion mark simply eight months previous to hitting $5 billion, which the CCC stated makes the interval the shortest it’s taken for Massachusetts companies to generate one other $1 billion {dollars} in product sales.
Hashish gross sales commenced in Massachusetts in 2018. Up to now this yr, adult-use hashish gross sales have totaled greater than $1 billion.
In a press release, Fee Government Director Shawn Collins famous that the milestone comes whilst Maine, Rhode Island, and Connecticut additionally skilled report gross sales over the summer time.
“Demand for examined, high quality hashish merchandise stays robust within the area, and customers purchasing in different states haven’t impacted Massachusetts’ success.” — Collins in a press release
The company additionally famous that, thus far, simply 5 hashish retailers within the state have surrendered or allowed their license to run out, whereas simply 16 of all hashish companies have both let their license expire, surrendered their license, or had it revoked. The state at present has 317 hashish retailers, 9 supply couriers, eight supply operators, and one microbusiness with a supply endorsement.
The CCC notes that additionally it is at present present process a regulatory evaluate to implement new social fairness guidelines and laws. The company has till November 9 to concern the up to date program laws.
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