Massachusetts Rakes in Almost $24 Million in First Two Months of Legal Cannabis

Marijuana dispensary sales totaled nearly $24 million in just the first two months of legal cannabis in Massachusetts, according to state officials. Data released by the Massachusetts Cannabis Control Commission this week shows that $23.8 million in cannabis products have been sold since late November, when retail cannabis dispensary sales began in the state.

Sales of legal cannabis have been strong in Massachusetts from the beginning. In just the first five days of legalization, the only two dispensaries that had opened at the time sold more than $2 million in cannabis goods. Those initial marijuana retailers, New England Treatment Access (NETA) in Northampton and Cultivate in the Worcester County town of Leicester, have since been joined by several more.

The commission also released sales figures for the last week. During that time, retailers sold 76,606 units of cannabis products. The average cost per item was $43.86. A tax of 20 percent is assessed on cannabis products, with 17 percent going to the commonwealth and 3 percent to municipalities.

First East Coast State with Recreational Cannabis Sales

Massachusetts became the first state on the East Coast of the United States with legal recreational marijuana sales when dispensaries first opened on November 20 of

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