Maine’s First Month Of Legal Marijuana Sales Total $1.4M

Licensed cannabis retailers in Maine sold more than $1.4 million worth of marijuana products during the first month of legal recreational pot sales, according to data released by state regulators on Monday. Legal sales of adult-use cannabis began on October 9, nearly four years after voters approved recreational marijuana sales for adults in 2016.

On Monday, the Maine Office of Marijuana Policy (OMP) released sales data collected by Metrc, the state’s cannabis track-and-trace system, for October 9 through November 8. The figures for the first 31 days of legal sales showed that smokable forms of cannabis were the most popular products, making up 76% of revenue. Cannabis concentrates accounted for 14% of sales, while infused foods and drinks made up the remaining 10%. A total of 21,194 transactions were logged by cannabis retailers during the first month in business. Sales figures released by the state are preliminary in nature and have not yet been audited by state regulators.

“In comparison, Maine’s medical marijuana program—which includes eight licensed dispensaries, more than 200 stores run by medical marijuana caregivers and individual caregivers that operate out of their homes or embrace the delivery model—sold on average $9.4 million in medical marijuana on a typical 31-day month in 2019,” reported the Portland Press Herald.

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