Missouri marijuana retailers set one other month-to-month gross sales file in March with $124.7 million in adult-use and medical hashish transactions.
The March complete included $108.7 million in adult-use gross sales, which is the best because the first leisure shops opened in January 2023, based on the Missouri Division of Well being and Senior Companies.
It’s additionally the best since adult-use retailers reported $106.4 million in gross sales in December.
MMJ gross sales in March totaled $16 million, additionally the state’s highest determine since December.
If the pattern holds, annual gross sales in Missouri are on tempo to interrupt the cumulative complete of $1.3 billion in 2023 for leisure and medical hashish.
In all, greater than $2.29 billion value of adult-use and medical marijuana has been bought in Missouri.
The state’s voters legalized grownup use in November 2022 and rapidly moved to launch gross sales at present medical marijuana dispensaries.
Gross sales have been strong and the regular enhance is consistent with MJBizDaily projections, although clients transitioned to the adult-use market from medical extra rapidly than anticipated.
The newest robust gross sales displaying comes forward of a deliberate enlargement within the state market that’s encountered some hiccups.
Extra microbusiness licenses are slated to be issued to small companies, though state regulators have revoked 9 out of the 48 permits issued final fall after figuring out candidates had been ineligible.