John Schroyer
One of the newest recreational marijuana markets in the U.S., Maryland, continued ramping up sales through the fall, setting yet another new high water mark in November with $55.9 million in adult-use sales.
That’s in addition to $33.6 million in medical marijuana sales, which bring the state’s total cannabis sales figure to $89.6 million for the month, according to figures released by the Maryland Cannabis Administration. The combined total is down slightly from October’s $89.9 million in sales, as well as September’s $90.7 million and August’s $91.7 million, the MCA reported.
The new East Coast adult-use market, which just launched in July, has been slowly but steadily increasing recreational sales each month since, from $51.2 million in its first month and up by a minimum of a few hundred thousand every 30 days since.
As recreational sales have climbed, however, medical sales have slumped, a trend that is common in states that adopt adult-use cannabis.
Medical marijuana sales peaked in March at $42.3 million, and have been trending downward since, almost certainly accelerated by the adult-use sales launch.
The MCA also launched a new report on cannabis product sales by category, and found that flower was the top seller in November, with $48.8 million in sales out of the state’s $89.6 million. Concentrates came in second place with $20.9 million, followed by edibles at $5.2 million, and then infused non-edibles with $2.8 million in sales.
