Over $87 million spent on cannabis in Maryland’s first month of adult sales – Cannabis Business Executive

Licensed growers sold 19,582 pounds of weed in July, according to the Maryland Cannabis Administration, up from the 8,056 pounds sold in June. That’s about the equivalent weight of three female Asian elephants. Flower, including bud and pre-rolled joints, accounted for more than $52.6 million of July’s sales. Concentrates, including vape products, were the next most popular cannabis product in Maryland, followed by edibles.

Industry leaders said the launch of the adult-use market unfolded smoothly last month as Maryland avoided many of the pitfalls that other states have encountered. Recreational rollouts have hit snags in places like New York, where adult-use became legal with no formal regulatory structure for cannabis businesses to sell the drug. [Read More @ The Washington Post]