Gross sales of each adult-use and medical hashish in Massachusetts reached file highs in June totaling $1.32 million and $1.079 million, respectively, in response to state Hashish Management Fee (CCC) data. The flower price-per-gram can be at its lowest level for the reason that launch of authorized gross sales within the state to $5.82.
To this point this yr, the state hashish retailers have offered $760.61 million price of hashish merchandise, in response to CCC knowledge. Cultivators are additionally harvesting extra crops than ever earlier than – in April, the newest month for which knowledge is obtainable, Massachusetts hashish growers harvested 3,400 crops
In all, adult-use hashish gross sales in Massachusetts have topped $4.74 billion for the reason that launch of the authorized market. Medical hashish gross sales within the state have totaled $1.08 billion since 2019.
Flower is the most typical product bought within the state with greater than $2.9 billion in gross sales since 2018. Vape merchandise are the second hottest class ($857 million), adopted by edibles ($685 million), pre-rolls ($622 million), and concentrates ($367 million).
The per-ounce flower worth in June was $164.97; in January 2020, the flower worth per ounce was a whopping $416.54. Grownup-use hashish gross sales carry a state gross sales tax of 6.25%, a state excise tax of 10.75%, and a neighborhood possibility tax for municipalities as much as 3%. Medical hashish gross sales are usually not taxed.
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