Cannabis Establishments in Massachusetts surpassed $6 billion in gross sales last week, the Cannabis Control Commission announced on Wednesday. The agency also reported that the Commonwealth's adult-use marijuana industry enjoyed a new record-breaking single sales day on April 20, a date recognized by the industry and celebrated by cannabis enthusiasts, tallying $8.5 million in sales.
"I continue to be encouraged by these sales milestones because they show that the industry is strong and efficiently regulated, both spurring economic development and critical tax revenue for the Commonwealth and providing safe, tested products for consumers and patients alike," said Acting Chair Ava Callender Concepcion. "With a wave of new statutory and regulatory changes beginning to take shape in Massachusetts, I'm confident that our industry is well-positioned to continue adapting, expanding, and creating more equity-driven pathways for individuals pursuing their entrepreneurial and career aspirations."
Aggregate data recorded in the state's seed-to-sale tracking system, Metrc, by 355 CannabisRetailers, 10 Delivery Couriers, 11 Delivery Operators, and one Microbusiness with a Delivery Endorsement that have commenced operations statewide showed that on Wednesday, April 17, $6,003,985,070 in gross sales had been generated. Massachusetts licensees surpassed the $6 billion mark less than eight months since reaching the $5 billion mark, which makes this period the shortest it's taken for Massachusetts businesses to generate another $1 billion dollars in gross sales. As of April 21, 618 operating Marijuana Establishments have generated $488.3 million in sales so far for calendar year 2024.
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