Massachusetts just had its first year of sales and the state managed to rake in quite a bit of money. The very first adult-use dispensaries on the East Coast have made nearly $400 million in sales.

It was one year ago that Massachusetts residents had spent over $440,000 at the state’s two first recreational marijuana dispensaries.

It was on Wednesday that the Cannabis Control Commission (CCC) reported that customers spent a total $393.7 million on marijuana products over the last year, with the number of retailers in the state growing from 2 to 33.

This represents over $1 million in statewide adult-use marijuana sales per day. The CCC Chairman Steve Hoffman regarded it as an “extremely smooth” industry rollout.

“Hundreds of millions of dollars in sales are one measure of success, but I am even prouder of the way in which Marijuana Establishments have worked with the Commission to gain and preserve compliance with our regulations and patrons continue to inform themselves about the law and their responsibilities when they visit Massachusetts stores,” Hoffman stated.

According to the CCC’s weekly tracking data, sales have surpassed $2 million on some days across Massachusetts.

Massachusetts is the only state on the East Coast with recreational marijuana dispensaries. The CCC also announced that an additional 54 retailers have received provisional or final licenses and are in the process of completing final inspection and compliance procedures ahead of opening.


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