Maine’s adult-use cannabis sales are at an all-time high. Last month, the state’s 130 adult-use retailers reported 377,050 sales transactions totaling over $21.6 million, earning the state just over $2 million in sales tax revenue, according to data released Thursday from the Maine Office of Cannabis Policy.
June, July, and August each set and then consecutively broke sales records for the fast-growing industry. So far this year, the industry has reported about $140 million in sales and is on track to far surpass last year’s total of $158 million.
Monthly sales have come a long way from roughly $1.3 million in the industry’s first full month of operation and have continued to break records on nearly a monthly basis.
“The summer sales numbers were quite strong, setting records and showing that the cannabis industry in Maine is still growing,” said John Hudak, director of the Office of Cannabis Policy. “Our hope is that the summer numbers also indicate a trend that tourism is having an impact on the market, as tourism is a significant part of many other industries across the state.”
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