Despite being just the second month of legal sales, there was over $90 million in recreational marijuana and marijuana products purchased in Missouri in March, with millions more in medical marijuana sales.
According to data released by the Missouri Department of Health and Senior Services, there was $93.5 million in recreational marijuana sold at licensed retail outlets in March. There was also $32.7 million in medical marijuana sold during the same period, bringing the monthly total to $126.2 million.
This is roughly in line with the numbers seen in February, the first month of legal recreational marijuana distribution, with sales reaching $102.9 million between February 3 and February 28.
Marijuana was legalized in Missouri last year through the passage of a citizen’s initiative. The measure, which garnered support from 53% of voters, allows those 21 and older to purchase up to three ounces of marijuana from any marijuana retail outlet that’s licensed with the state. The personal cultivation of up to six plants is also allowed.
Under Missouri’s marijuana law recreational marijuana is taxed at 6% in addition to the standard statewide sales tax, with medical marijuana taxed at 4%. Localities are also allowed to establish an additional tax of up to 3%.
