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Massachusetts Records Historic Adult-Use Cannabis Sales in 2023, December Sets Monthly Peak

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Springfield, Mass. (WWLP) – Massachusetts witnessed unprecedented sales in adult-use cannabis for 2023, culminating in a historic high in December. The Cannabis Control Commission's news release reveals that marijuana businesses in the state achieved a new annual gross sales record, surpassing $1.56 billion—a remarkable 5% increase from 2022, equating to $78 million.

December emerged as the standout month, reaching an all-time high with $140.1 million in sales since the opening of the first two adult-use retail stores in November 2018. The commission reports that, as of December 31, 2023, Massachusetts boasts a total of 338 marijuana retailers and 21 businesses authorized to provide delivery services.

In addition to adult-use sales, medical marijuana contributed significantly, with sales totaling $225 million in 2023. This served more than 97,000 patients from 103 medical marijuana treatment centers across the state. According to Massachusetts law, patients aged 21 or older are allowed to possess a 60-day supply or up to 10 ounces of medical marijuana.

Acting Chair Ava Concepcion commented on the sustained growth, stating, “This continued growth confirms that Massachusetts’ regulated marijuana industry is still a maturing market. As more retailers and delivery licensees come online, flower prices start to stabilize, and the stigma surrounding cannabis slowly dissipates—legal, tested products are becoming more accessible, affordable, and approachable than ever before, and that’s reflected in the multiple sales records licensees broke in 2023.”

Data from the Massachusetts Cannabis Control reveals that from January 1 to 28, 2024, the state witnessed gross sales of $116.2 million. Cumulatively, since November 2018, the state has generated an impressive $5.65 billion in gross cannabis sales.

This story was originally reported by WWLP.