Massachusetts: $145 Million in Marijuana Sold in November, $1.5 Billion Year-to-Date

In Massachusetts there was slightly over $145 million in legal marijuana sold in November.

According to data compiled and released by the Massachusetts Cannabis Control Commission, there was $145.8 million worth of marijuana and marijuana products purchased through legal means in November. $128.5 million of this was sold to recreational consumers, with $17.3 million sold to those with a valid medical marijuana authorization.

The year-to-date total for marijuana sales is now $1.5 billion, with the total amount of marijuana sold since 2018, when recreational marijuana stores first opened, now at $5.47 billion.

Sales data includes dried marijuana flower and shake, as well as marijuana concentrates and marijuana-infused products such as edibles, tinctures and topicals (ointments, lotions, etc.).

The price per gram in November of dried marijuana dropped to an all-time low of $5.61, a $0.07 decrease from the previously low set just last month. The average price per ounce also reached an all-time low of $159.11, a $1.79 decrease from October’s average.

Marijuana was legalized in Massachusetts in 2016, with the law allowing those 21 and older to possess up to an ounce of marijuana and cultivate up to six plants for personal use. The first licensed marijuana store opening in 2018. Recreational marijuana purchases include an excise tax of 10.75%, which is in addition to the standard statewide sales tax of 6.25%. Medical marijuana sales are exempt from both taxes.

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