Marijuana gross sales are booming within the Northeast, with three states within the area—Maine, Massachusetts and Rhode Island—all hitting new data in July.
Maine retailers offered $20.8 million in hashish in July, which is the third month of record-setting totals in a row. To this point within the first half of the 12 months, the state has seen greater than $118 million in marijuana gross sales, setting the stage for a brand new yearly excessive in comparison with the 2022 whole of about $159 million.
By way of Maine Workplace of Hashish Coverage.
In Massachusetts—probably the most mature market of the three states—adult-use hashish gross sales reached a document $136 million final month, in line with the Hashish Management Fee (CCC). That’s along with $18.7 million in medical hashish purchases, for a complete of $154.7. That is the third month in a row that the state has seen document highs out there, with June setting the prior document at about $152 million.
Massachusetts’ adult-use Marijuana Retailers set a brand new document for gross sales in a single month, producing $136 million in July 2023. That surpasses the all-time excessive of $132.9 million they only achieved in June. Go to our Open Knowledge Platform for more information: https://t.co/Y9KqkVtI1l pic.twitter.com/XPjszbmyb8
— Massachusetts Hashish Management Fee (@MA_Cannabis) August 9, 2023
The state’s year-to-date sales is $915.1 million, indicating that Massachusetts will cross the $1 billion mark for the 12 months by the tip of this month.
var divElement = doc.getElementById(‘viz1691601370005’); var vizElement = divElement.getElementsByTagName(‘object’)[0]; if ( divElement.offsetWidth > 800 ) { vizElement.model.width=”100%”;vizElement.model.top=(divElement.offsetWidth*0.75)+’px’;} else if ( divElement.offsetWidth > 500 ) { vizElement.model.width=”100%”;vizElement.model.top=(divElement.offsetWidth*0.75)+’px’;} else { vizElement.model.width=”100%”;vizElement.model.top=”1727px”;} var scriptElement = doc.createElement(‘script’); scriptElement.src=”https://public.tableau.com/javascripts/api/viz_v1.js”; vizElement.parentNode.insertBefore(scriptElement, vizElement);
Rhode Island retailers sold $6.8 million value of leisure hashish final month. The state has set month-to-month adult-use gross sales data each month for the reason that leisure marijuana market launched in December. One other $2.7 million in medical hashish merchandise had been bought, for a document month-to-month whole of $9.5 million.
As markets proceed to come back on-line and mature in states throughout the Northeast, it’s turn out to be clear that there’s ample shopper demand. And with elevated authorized entry, it seems that extra persons are making the transition to their state markets and away from illicit or out-of-state gross sales.
Connecticut’s July gross sales whole haven’t been launched but, however the state reached a document $24 million in marijuana purchases in June, which marked the sixth month since its adult-use program began.
—
Marijuana Second is monitoring greater than 1,000 hashish, psychedelics and drug coverage payments in state legislatures and Congress this 12 months. Patreon supporters pledging at the very least $25/month get entry to our interactive maps, charts and listening to calendar in order that they don’t miss any developments.
Be taught extra about our marijuana invoice tracker and turn out to be a supporter on Patreon to get entry.
—
Exterior of the Northeast, Illinois retailers offered $140 million value of leisure marijuana merchandise in July—the strongest gross sales of the 12 months and second highest month-to-month whole for the state for the reason that adult-use market launched in 2020.
Maryland authorized hashish gross sales additionally hit a excessive of $87.4 million in July, the primary month for the reason that leisure market launched, state knowledge reveals. Within the first weekend of adult-use gross sales alone, the state yielded over $10 million in mixed medical and leisure purchases.
Missouri has been promoting about $4 million value of marijuana per day on common for the reason that state’s adult-use market opened up in February—and the state noticed a document $121.2 million in hashish purchases in June.
Michigan marijuana gross sales reached a document of practically $261 million in June, state knowledge reveals.
Picture courtesy of Mike Latimer.
The put up Three Northeastern States Set Month-to-month Marijuana Gross sales Information In July appeared first on Marijuana Second.