Between January 1 and October 31 of this year, there was $15.9 billion worth of marijuana and marijuana products sold in states where it’s legal for recreational use.
Among the 24 states that have legalized recreational marijuana, the vast majority have marijuana retail outlets open for business, with some having passed their legalization law too soon for stores to be open (Minnesota and Ohio, for example). Virginia is the only state to not allow recreational marijuana sales despite possession being legal. In the states that do have marijuana stores, they report sales data at considerably different speeds, meaning that although for many states we have data through the end of October, in others we have data only through June or July.
According to an analysis by The Marijuana Herald of the most up-to-date data that is currently available via state agencies and cannabis commissions, there was just shy of $16 billion worth of marijuana sold in 2023, a substantial increase over all previous years. Sales numbers include the distribution of dried marijuana flower and shake as well as a variety of other marijuana products including edibles, tinctures, topicals and concentrates.
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