News / Media Hits / Marijuana Moment | Massachusetts Recreational Marijuana Sales Hit $7 Billion Milestone, With Record-Breaking Seven-Month Surge, Officials Say
December 13, 2024
Marijuana Moment | Massachusetts Recreational Marijuana Sales Hit $7 Billion Milestone, With Record-Breaking Seven-Month Surge, Officials Say
Massachusetts adult-use marijuana sales have officially exceeded $7 billion since the state’s legal market launched in 2018, regulators announced. And $1 billion of that total came in just seven months—marking a state record.
The Massachusetts Cannabis Control Commission (CCC) said the state reached the $7 billion mark on November 19, eight days before the marijuana retail holiday known as Green Wednesday, which saw nearly $8 million in cannabis purchases alone. That comes in as the state’s second-best marijuana sales day ever, following the unofficial 4/20 cannabis consumer holiday earlier this year.
It was on April 17 of this year when Massachusetts recreational marijuana sales hit the $6 billion mark since launch.
“These sales figures demonstrate that Massachusetts customers remain loyal to their local cannabis businesses, they trust the Commonwealth’s regulated marketplace and tested products, and they will continue bolstering the longest-running adult-use market along the East Coast,” Acting CCC Chair Bruce Stebbins said in a press release.
“We look forward to tackling ongoing policy matters in 2025 that will further strengthen our market—beyond recent regulatory changes for delivery and microbusiness licensees—and the upcoming implementation of a new social consumption framework,” he said.
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The Massachusetts Cannabis Control Commission announced on Dec. 13 that adult-use Marijuana Establishments surpassed $7 billion in gross sales in November ahead of a record “Green Wednesday” – the cannabis consumer holiday the day before Thanksgiving – according to sales data published to the agency’s Open Data platform.
Read more of Marijuana Moment’s coverage of this sales milestone here: https://www.marijuanamoment.net/massachusetts-recreational-marijuana-sales-hit-7-billion-milestone-with-record-breaking-seven-month-surge-officials-say/
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