Maryland’s total medical and adult-use retail cannabis sales have surpassed $1.1 billion in the first 12 months following legalization, Governor Wes Moore announced Wednesday.
According to the Maryland Cannabis Administration, monthly retail sales exceeded $95 million in June, with the adult-use market accounting for over $67 million in sales.
Since the legalization for adult consumers on July 1, 2023, adult-use sales have totaled more than $700 million, while medical sales have nearly reached $400 million.
“Our new adult-use cannabis market isn’t only generating extraordinary economic activity – it’s also helping us build new pathways to work, wages, and wealth for all,” said Gov. Moore in a statement. “Making Maryland more competitive means ensuring that everyone can reap the benefits of Maryland’s economic growth. This important milestone proves how our administration continually – and repeatedly – honors our deep commitment to that mission.”
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