Maine Adult-Use Cannabis Sales Top $21 Million in August

Maine
Sales are expected to surpass last year's figures in October.

Maine had its hottest month yet in August in the recreational marijuana sector, with sales topping $21.6 million, according to figures from the state Office of Cannabis Policy.

That brings Maine’s total for the year in the recreational sector to $140.1 million, along with another $137 million in medical sales through the end of June, according the Department of Administrative and Financial Services. (Medical cannabis sales for July and August are not yet available.)

The August recreational market saw more than 377,000 transactions for $12.7 million in “usable cannabis,” $5.3 million in concentrates, and $3.5 million in infused products, according to the OCP breakdown.

The overall trend fits with annually increasing cannabis sales in Maine over the past few years. In 2021, recreational marijuana sales hit $82 million, but in 2022 that almost doubled to $159 million. At the current rate, the state will surpass last year’s total sales by sometime in October.

John Schroyer

John Schroyer has been a reporter since 2006, initially with a focus on politics, and covered the 2012 Colorado campaign to legalize marijuana. He has written about the cannabis industry specifically since 2014, after being on hand for the first-ever legal cannabis sales on New Year’s Day that year in Denver. John has covered subsequent marijuana market launches in California and Illinois, has written about every aspect of the marijuana trade, and was part of the team that built the cannabis industry’s first-ever trade show, MJBizCon. He joined Green Market Report in 2022.


Leave a Reply

Your email address will not be published. Required fields are marked *

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.

 Sign up


About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


READ MORE



Recent Tweets

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.