Massachusetts Cannabis Sales Hit New Record in June

Massachusetts’ medical and adult-use cannabis sales each set a new record in June at $1.079 million and $1.32 million, respectively.

Full story after the jump.

Sales of both adult-use and medical cannabis in Massachusetts reached record highs in June totaling $1.32 million and $1.079 million, respectively, according to state Cannabis Control Commission (CCC) data. The flower price-per-gram is also at its lowest point since the launch of legal sales in the state to $5.82. 

So far this year, the state cannabis retailers have sold $760.61 million worth of cannabis products, according to CCC data. Cultivators are also harvesting more plants than ever before – in April, the most recent month for which data is available, Massachusetts cannabis growers harvested 3,400 plants  

In all, adult-use cannabis sales in Massachusetts have topped $4.74 billion since the launch of the legal market. Medical cannabis sales in the state have totaled $1.08 billion since 2019.  

Flower is the most common product purchased in the state with more than $2.9 billion in sales since 2018. Vape products are the second most popular category ($857 million), followed by edibles ($685 million), pre-rolls ($622 million), and concentrates ($367 million). 

The per-ounce flower price in June was $164.97; in January 2020, the flower price per ounce was a whopping $416.54. Adult-use cannabis sales carry a state sales tax of 6.25%, a state excise tax of 10.75%, and a local option tax for municipalities up to 3%. Medical cannabis sales are not taxed. 

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