Maine marijuana sales reached a record high in August, with nearly $22 million worth of purchases, according to new data from the state Office of Cannabis Policy (OCP).
This summer has seen numerous states hitting cannabis sales highs, and Maine is no exception. August was the fourth month in a row of record-breaking adult-use purchases for the state.
The $21.6 million in sales last month came from 377,050 individual cannabis transactions. Maine’s year-to-date in marijuana sales for 2023 is $140.1 million, meaning the state is well on track to beat its 2022 total of $159 million.
Most of August’s purchases consisted of flower, followed by concentrates and edibles. The average price per gram of flower last month was $7.83.
The state’s marijuana industry also stands to get some tax relief under a bill signed by Gov. Janet Mills (D) last month, allowing cannabis businesses to take state tax deductions as a partial workaround to the Internal Revenue Service (IRS) code known as 280E that prohibits such deductions at the federal level.
The legislature has also passed a number of other cannabis reform proposals this session, including bills championed by a GOP freshman lawmaker, who previously worked as a marijuana activist,
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