In 2024, states that allow licensed recreational marijuana sales combined to sell over $20 billion in product.
According to an analysis by The Marijuana Herald, which utilized data from state regulatory agencies and the research firm Headset, legal marijuana states sold $23.2 billion in product throughout 2024, with California and Michigan leading in sales.
The combined total for 2024 includes data from 20 of the 24 legal marijuana states. Delaware and Minnesota were excluded because their legal marijuana markets are not set to launch until later this year. Data for Virginia was also excluded, as it is the only legal marijuana state without licensed sales. Additionally, Alaska’s sales data was not included because the state has yet to release its 2024 figures, nor has Headset or any other research firm deemed reliable enough for inclusion.
Below is a state-by-state breakdown of 2024’s marijuana revenue totals.
- Arizona: $1.21 billion
- California: $4.2 billion
- Colorado: $1.35 billion
- Connecticut: $300 million
- Illinois: $1.8 billion
- Maryland: $1.1 billion
- Massachusetts: $1.75 billion
- Maine: $240 million
- Michigan: $3.1 billion
- Missouri: $1.36 billion
- Montana: $336 million
- Nevada: $800 million
- New Jersey: $1.1 billion
- New Mexico: $550 million
- New York: $1 billion
- Ohio: $700 million
- Oregon: $960 million
- Rhode Island: $125 million
- Vermont: $130 million
- Washington: $1.1 billion
These sales resulted in over $4 billion in tax revenue.
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