Massachusetts: Cost of Legal Marijuana Drops to All-Time Low of $6.05 Per Gram

The cost of marijuana in Massachusetts is now just $6.05 a gram, according to data released by the Cannabis Control Commission

The average price per gram of legal marijuana in Massachusetts dropped from $6.63 in March, to $6.05 in April. The previous all-time low was $6.15 in January.

The roughly $6 per gram average marks a 58% decrease from the peak cost of $14.68 in January 2020, and a 57% decrease from the average cost in November, 2018, the first month of legal sales ($14.08).

According to state data licensed marijuana stores sold $135 million in legal marijuana between May 1 and May 28, with $117.8 million coming from recreational marijuana sales and $17.6 million from the distribution of medical marijuana.

In Massachusetts it’s legal for those 21 and older to purchase and possess on their person up to one ounce of marijuana. They can possess up to 10 ounces at a private residence, and can also cultivate up to six plants. Marijuana can be purchased from a licensed marijuana retail outlet.

Recreational marijuana receives a 10.75% excise tax at the point of sale, in addition to the state sales tax of 6.25%. Localities can also place a city tax of up to 3%. Medical marijuana sales are exempt from taxes.

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