Since Massachusetts first opened its adult-use cannabis market, licensed retailers have sold more than $7 billion in legal medical and recreational marijuana, according to numbers from the state’s Cannabis Control Commission (CCC). The price per gram of legal marijuana, meanwhile, continues to fall to record lows.
The sales milestone—roughly $7.05 billion—includes $5.81 billion in recreational purchases since adult-use sales began in late 2018 as well as $1.24 billion worth of medical marijuana receipts over the same time period.
CCC’s sales data for the medical market extends back only to December 2018, when the commission assumed oversight of the system.
In February of this year, meanwhile—the most recent full month for which data is available—adult-use retailers tallied $127 million in sales, marking a year-over-year monthly increase of about $6.4 million. Medical marijuana sales for this past February were $16.2 million—about $2.5 million less than a year earlier.
The price of marijuana in Massachusetts, meanwhile, continues to fall—from a high of nearly $15 per gram of flower when stores first open to almost $5 per gram this year.
Massachusetts Cannabis Control Commission
In February, the average price to adult-use consumers was $5.32 per gram, a record low in the commonwealth, according
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