In the first month of 2024, Massachusetts marijuana stores sold over $143 million worth of product.
According to data compiled and released by the Massachusetts Cannabis Control Commission, there was $143.8 million worth of marijuana and marijuana products sold in January. This is a decrease from the record-breaking $158 million sold in December, but is a modest increase over the $140.4 million sold in January, 2023.
$16.5 million of the marijuana was sold was purchased by medical marijuana patients, with the remaining $127.3 million purchased for recreational use.
All-time legal marijuana sales for the state now stands at $6.91 billion.
Sales data includes dried marijuana flower and shake, as well as marijuana concentrates and a variety of marijuana-infused products such as edibles, tinctures and topicals.
The average price per gram of marijuana in January was $5.66, matching the all-time low set last month.
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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