(MJBizDaily is now tracking medical and recreational cannabis sales for those states providing the data. Visit our new webpage, “U.S. cannabis sales by state.”)
U.S. cannabis sales through July were a mixed bag across the country, as consumers adjusted to historic inflation and shrinking disposable income, according to an analysis of state sales data by MJBizDaily.
Newer recreational and medical markets posted the kind of double-digit growth expected from emerging cannabis markets.
ADVERTISEMENT
During the first seven months of the year, for example, Maine’s recreational market and Missouri’s medical program almost tripled their sales compared to the same period in 2021.
Markets experiencing growth through the first seven months of this year include:
Missouri (medical): 174%. Maine (recreational): 159%. Utah (medical): 87%. Arizona (recreational sales through May): 64%. Iowa (medical): 63%. Michigan (recreational): 57%. Illinois (recreational): 20%.
By contrast, more mature adult-use markets in California, Colorado and
Read full article on Marijuana Business Daily
