For the second straight month Maine set a new monthly record for legal marijuana sales.
There was $18,484,493 in legal marijuana sold in June throughout Maine, according to the Maine’s Office of Cannabis Policy. This is a $1.2 million increase from the $17.2 million sold in May, at the time a monthly record. Prior to May the monthly record was $17 million set in August, 2022.
The year-to-date total for marijuana sales in Maine is just shy of $100 million at $97,408,138. The total since the start of legal sales in 2020 is a little over $340 million.
In June there was 322,169 different marijuana sales transactions in Maine, with the average price per gram dropping from $7.87 in May to $7.69 in June. The average for the year is $7.90.
The total number of year-to-date marijuana sales transactions is 1,671,054.
In Maine marijuana was legalized via a citizen initiative in 2016. The part of the law allowing for those 21 and older to possess up to 2.5 ounces and grow up to six plants took in effect the following year, but due to legislative delays the first licensed marijuana store didn’t open until October, 2020. Under the law marijuana receives a 5.5% general sales tax rate at retail, with edibles taxed at 8%.
More sales data for Maine’s legal marijuana market can be found by clicking here.
