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US (AZ): Monthly adult-use cannabis sales exceed $100M for first time

Arizona’s recreational cannabis sales hit the $100 million mark in March for the first time since sales began, while the medical market maintained a tenuous equilibrium around the $30 million mark per month.

The recreational market has tripled reported totals over the medical side for two of the past three months.

The Arizona Department of Revenue reported that, in April, recreational sales reached nearly $86.5 million, while March sales were just shy of $101 million, marking the first time since recreational sales kicked off in January 2021 the market has hit the nine-figure mark.

The first time both medical and recreational sales hit the $100 million mark combined was in March 2021, when medical sales were slightly more than $73 million, and recreational hit $59 million.

Since then, overall cannabis sales have topped $100 million every month. But this marks the first time a single pillar of the market topped that number by itself.

Read more at marijuanamoment.net

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