Despite having one of the most restrictive medical marijuana laws in the nation, Mississippi dispensaries sold over $4 million in medical marijuana products in July.
The $4.4 million sold in July marks a 15.3% increase over the sales total for June, according to data released by MJBizDaily. The increase in July marks the sixth straight month of increased sales since the state launched medical marijuana retail sales in late January.
The total sales number for July was $4,429,093.
Since the start of medical marijuana sales in Mississippi, retailers have sold $15,718,622 worth of products.
In October, the Mississippi revenue and health departments said they had issued provisional licenses to 138 dispensaries, 47 cultivators, eight processors, four transportation entities, three state-mandated “disposal companies” and two testing labs. Despite these numbers, less than 10 dispensaries were open at the start of sales in January.
Medical marijuana was first approved by voters via a citizens initiative in 2020, with the measure passing with 69% support. However, after the Mississippi Supreme Court invalidated the initiative based on a technicality, in January, 2022, the state Legislature approved a compromise bill (the Mississippi Medical Cannabis Act) that was signed into law the next month. The measure legalized medical marijuana for those with certain debilitating conditions, but did so in a more restrictive manner.
