Rhode Island Breaks Cannabis Sales Record in May With $10.37 Million Sold Across Nearly 300,000 Transactions

Rhode Island set a new monthly record for marijuana sales in May, surpassing all previous totals since the state launched legal adult-use sales in late 2022.

According to data released by the Department of Business Regulation, licensed marijuana stores sold $10.37 million worth of product in May. That includes $8.68 million from adult-use purchases and $1.69 million in medical marijuana sales.

May’s total exceeds the previous high of $10.25 million set in August 2024 and represents a significant milestone for the state’s growing marijuana industry. The average transaction in May was $34.96, with nearly 300,000 transactions in total.

So far in 2025, Rhode Island marijuana retailers have sold $48,466,521 worth of product.

Marijuana purchases by adult-use customers are subject to a 10% excise tax in addition to the 7% state sales tax and up to 3% in local taxes. Medical marijuana is exempt from the excise tax. Revenue from marijuana taxes supports the state’s General Fund, Social Equity Assistance Fund, and municipalities that host marijuana retail outlets.

Adults 21 and older in Rhode Island can legally purchase up to one ounce of marijuana at a time and grow up to 12 plants for personal use.

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