Missouri marijuana sales in January fell short of December’s record-breaking total, but remained strong.
Data released today by the Missouri Department of Health and senior Services shows that there was a total of $122.88 million worth of licensed marijuana sales in January. The vast majority of these sales —$108.17 million—was purchased by recreational consumers. Medical marijuana patients purchased $14.71 million worth of product during the same period.
January’s marijuana sales resulted in over $10 million in taxes for the state. In 2024, the stater garnered over $120 million in taxes from over $1.3 billion in total sales.
Missouri legalized recreational marijuana in 2022, with sales beginning in February 2023. The law allows those 21 and older to possess up to three ounces of marijuana and grow as many as six plants for personal use. The state’s medical marijuana program, established in 2018, opened its first dispensaries in October 2020.
Recreational marijuana is taxed at a 6% excise rate, on top of Missouri’s 4.2% state sales tax. While medical marijuana is exempt from the excise tax, it is still subject to the regular sales tax. Additionally, local governments can levy an extra tax of up to 3%.
