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Massachusetts set a new record for marijuana purchases in 2023, with December capping the year off as the best-ever sales month, the Cannabis Control Commission (CCC) said in a press release Tuesday.
Adult-use marijuana establishments in the state grossed more than $1.56 billion in sales last year, surpassing total gross sales in 2022 by $78 million and marking the sixth consecutive year of record-setting growth for the industry since the first legal sales of the substance began in 2018, the CCC said.
The sales figures are self-reported by retailers and recorded in the state’s mandatory seed-to-sale system. Sales for almost every month in 2023 surpassed sales from the same months in 2022, with December generating more than $140 million in purchases, according to the press release.
Adding to the record-breaking year, 2023 included the four highest cannabis sales months since the CCC started tracking data in 2018.
And close to 100,000 people purchased a combined $225 million worth of marijuana for medical purposes, CCC said, once again surpassing the record for medical cannabis sales in the state in a single calendar year.
“This continued growth confirms that Massachusetts’ regulated marijuana industry is still a maturing market,” said CCC Chair Ava Concepcion in a statement. “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.”
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