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Home»Business & Industry»Missouri Cannabis Sales Total $113M in October
Business & Industry

Missouri Cannabis Sales Total $113M in October

November 21, 2023Updated:December 6, 2024No Comments2 Mins Read
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Adult-Use Cannabis Sales in Maine Reach New Record in June
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Hashish gross sales in Missouri totaled $113.1 million in October, in accordance with Division of Well being and Senior Companies data. In all, adult-use hashish gross sales reached $95.5 million with medical hashish gross sales topping $17.6 million.  

In accordance with state information, medical gross sales have been about $2 million lower than the earlier month and have been on the decline each month since March, when gross sales reached $32.7 million. In April, gross sales dipped to $30.1 million, then to $28.3 million in Could, to $26 million in June, to $24.5 million in July, and to $22 million in August.

Grownup-use gross sales within the state have ebbed from month to month however have been down about $2.3 million from September to October. September gross sales totals elevated about $1.2 million from the earlier month however dipped about $1.7 million from July to August. July’s totals have been up about $3.5 million from June and the state has seen not less than $90 million in gross sales each month since March.  

The state collects a 6% gross sales tax on adult-use hashish merchandise and a 4% tax on medical hashish merchandise. Many of the taxes collected go to veterans’ companies – which has up to now totaled almost $40 million – whereas among the adult-use gross sales tax goes towards expungement bills, which has led to the expungement of almost 100,000 hashish convictions thus far.  

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113M cannabis cannabis industry Cultivation Investments marijuana business market growth Missouri October Regulations Sales Total
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