Maine marijuana retailers sold over $19.5 million worth of product in March, with 30,000 more transactions than the previous March.
According to data released today by the Maine Office of Cannabis Policy, there were $19,563,451 in recreational marijuana sales last month across 381,788 transactions. The average price per gram of dried marijuana flower dropped to $6.87, the lowest ever recorded in the state.
Despite the price decrease—down 6% compared to March 2024—sales totals still exceeded those from the same month last year. In March 2024, retailers brought in $19,144,646 through 351,096 transactions. That’s an increase of over 30,000 transactions year-over-year, showing continued growth in consumer demand even as product prices decline.
Adult-use marijuana sales in Maine are subject to a 10% sales tax, while infused products such as edibles and beverages carry an additional 8% excise tax. A portion of the revenue goes toward municipal support and public health and safety programs, with the remainder directed to the state’s general fund.
Recreational marijuana became legal in Maine after voters approved it in 2016. Retail stores officially opened in 2020 following a delayed rollout of regulations.
