In 2024, 11 States Generated Over $1 Billion in Legal Marijuana Sales

In 2024, 11 states surpassed $1 billion in legal marijuana sales.

Collectively, these states accounted for a large majority of the $23.2 billion sold across the 21 states with operational recreational markets.

California led the pack with $4.2 billion in sales, followed by Michigan, which brought in $3.1 billion. Illinois ($1.8 billion) and Massachusetts ($1.75 billion) also contributed significantly to the billion-dollar club. Other high-performing states included Colorado ($1.35 billion), Missouri ($1.36 billion), and Arizona ($1.21 billion).

Maryland, Washington, and New Jersey each reported $1.1 billion in revenue. Meanwhile, New York, in its first full year of sales, reached $1 billion, demonstrating its potential to eventually become one of the largest marijuana markets in the nation.

Below is a list of the 11 billion dollar marijuana states, using data supplied by state regulatory agencies and cannabis commissions:

  • California ($4.2 billion)
  • Michigan ($3.1 billion)
  • Illinois ($1.8 billion)
  • Massachusetts ($1.75 billion)
  • Colorado ($1.35 billion)
  • Missouri ($1.36 billion)
  • Arizona ($1.21 billion)
  • Maryland ($1.1 billion)
  • Washington ($1.1 billion)
  • New Jersey ($1.1 billion)
  • New York ($1 billion)

Oregon narrowly missed the $1 billion mark, with $960 million in sales.

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