In the realm of legalized adult-use cannabis, the landscape across the United States shows a diverse tapestry of markets.
Among the 24 states that have embraced recreational marijuana, all but Virginia have ventured into licensed sales. Notably, Minnesota, Ohio, and Delaware are in the nascent stages, having recently legalized without active retail outlets.
For the states where legal sales are flourishing, recent data for May reveals a robust market. Nineteen of these states have reported their financial tallies, amassing a combined $1.824 billion in sales for the month, a noticeable uptick from the $1.73 billion recorded in April. These figures exclude sales from medical marijuana programs.
Drawing from insights provided by state regulatory bodies and analytics from Headset, a detailed breakdown of May’s sales emerges:
Arizona: $102 million
California: $355 million
Colorado: $101 million
Connecticut: $25 million
Illinois: $170 million
Maine: $20 million
Maryland: $93 million
Massachusetts: $136 million
Michigan: $275 million
Missouri: $118 million
Montana: $27 million
Nevada: $60 million
New Jersey: $50 million
New Mexico: $50 million
New York: $42 million
Oregon: $78 million
Rhode Island: $10 million
Vermont: $11 million
Washington: $101 million
Each state’s figures reflect a unique local market dynamic, illustrating the varying degrees of consumer engagement and economic impact of legalized recreational cannabis.
