Missouri Marijuana Stores Sold $120 Million Worth of Product in April, Continuing Strong Sales Trend

In Missouri, legal marijuana sales remained robust in April, with a total of $120.1 million in sales, continuing the strong performance seen in previous months.

According to data released by the Missouri Department of Health and Senior Services, there was $104.6 million in recreational marijuana sales and $15.5 million in medical marijuana sales in April. This adds to the cumulative sales total, which has now reached $2.41 billion since the market opened.

Of the total sales in April, recreational marijuana sales showed continued strength with a slight decrease from the record set in March. Medical marijuana patients also maintained steady purchasing patterns.

Including April’s figures, the total marijuana sales for 2024 have reached $467.1 million. In comparison, 2023 saw $1.3 billion in legal marijuana sales, generating over $100 million in tax revenue for the state.

Missouri voters legalized recreational marijuana in 2022, with stores opening in February 2023. The law allows adults 21 and older to possess up to three ounces of marijuana and cultivate up to six plants for personal use. The state’s medical marijuana law was approved by voters in 2018, with the first dispensaries opening in October 2020.

Recreational marijuana in Missouri is taxed at 6%, in addition to the state’s 4.2% sales tax. Medical marijuana is taxed at 4%. Local governments can also impose a citywide tax of up to 3%.

In a recent primary election, six cities and Dent County voted to establish a 3% local marijuana tax, highlighting the growing acceptance and integration of marijuana sales within local economies.

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