Missouri Total Cannabis Sales Reach $125M in March

Missouri’s total March cannabis sales topped $125 million, putting the state on track to exceed $1 billion in cannabis sales for the year.

Full story after the jump.

Missouri total cannabis sales topped $125 million in March, according to the state Division of Cannabis Regulations data outlined by KSHB. The total includes $93.5 million in adult-use sales and $32.7 million in medical-use sales.  

In a statement, MoCannTrade Executive Director Andrew Mullins said Missouri has “one of the most customer-friendly cannabis programs in the entire nation.”  

“Between record cannabis sales and local communities voting to embrace the economic benefits of adult use sales, Missouri couldn’t be better positioned to make a real and lasting impact on our state economy.” — Mullins, in a statement, via KSHB 

Adult-use cannabis sales launched in Missouri in February and are so far on track to surpass $1 billion annually. The state sold $102 million worth of cannabis in February which represented the third-highest total for first-month adult-use cannabis sales behind only California and Arizona, according to a Flatland KC report. Comparatively, Illinois, which borders Missouri and has twice the population of Missouri, saw $39.2 million in cannabis sales the first month after adult-use sales commenced. 

Missouri’s high sales figures could be partly due to the prohibitionist policies of its border states – neither Nebraska, Arkansas, Oklahoma, nor Iowa have legalized cannabis for adult use. 

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