Missouri Total Cannabis Sales Reach $125M in March

April 8, 2023 · Ganjapreneur

Marijuana buds storage in the glass jar. The process of improving the fresh trimmed cannabis harvest

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.”  

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.  (Full Story)

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