massachusetts-cannabis-industry-sets-$1.64b-annual-sales-record-in-2024-–-ganjapreneur-|-how-to-order-skittles-moonrock-online

Massachusetts Cannabis Industry Sets $1.64B Annual Sales Record In 2024 – Ganjapreneur | How to order Skittles Moonrock online

Learn how to buy CBD Oil online. TOP QUALITY GRADE A++

Cannabyss Inc. is the best place online to buy top quality weed, cannabis, vape, marijuana and CBD products. Get your borderless orders delivered at the pickup spot with ease. Top Grade products for client satisfaction.

šŸ‘‰ Click here to Visit our shop! šŸ›’

Mon / Jan 27th

by Graham Abbott

Massachusetts cannabis retailers set a new annual sales record in 2024 with $1.64 billion in combined adult-use and medical cannabis sales.

Full story after the jump.

The Massachusetts cannabis industry set a new annual sales record in 2024 of $1.64 billion, according to sales data from the stateā€™s seed-to-sale tracker Metrc cited by the Cannabis Control Commission (CCC).

The annual sales record was propelled by three record-setting months of sales with July ($142.8 million) setting the new monthly sales record in the summer, which was surpassed in August ($147 million) ahead of Labor Day weekend. Additionally, December 2024 ā€œnarrowly eclipsedā€ December 2023 as the industryā€™s third-highest sales month on record, the agency said.

ā€œThe cannabis industry in Massachusetts continued to mature in 2024 as the Commission approved the 700thā€”and countingā€”notice to commence operations. The clear growth of the industry is the result of ongoing collaboration between Commissioners and agency staff, business owners, host communities, an engaged consumer base, and the medical community. Weā€™re looking ahead to continued growth in 2025 and beyond as we seek to expand the industry with new social consumption licenses.ā€ ā€” CCC Acting Chair Bruce Stebbins, in a statement

Meanwhile, the CCC reported last month that state-licensed retailers have surpassed $7 billion in total sales since the adult-use cannabis industry launched in 2018.

The CCC also released for the first time county-specific data on gross adult-use and medical cannabis sales totals, noting that adult-use and medical cannabis retailers in Worcester County ā€” currently tied with Middlesex County in hosting the most cannabis industry licensees, 86 as of January 2025 ā€” have generated a combined $1.4 billion in sales since 2018.

Get daily cannabis business news updates. Subscribe

Have an additional perspective to share? Send us a message to let us know, and if your comment is chosen by our editors it could be featured here.

Ganjapreneur is made possible by our partners:

Latest Cannabis News

Mon / Jan 27th

News by Market:

News by Topic:

View all news Get email updates

Featured Business Profiles

Create a profile View all categories

From Our Partners

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

New Purchase

Somebody from [variable_2] has just bought [variable_3] [amount] minutes ago.