Recreational marijuana retailers in Massachusetts surpassed $1 billion in gross sales almost two years after the market began operating.
According to information reported in the state’s seed-to-sale tracking system Metrc, the 80 adult-use marijuana stores in Massachusetts hit the benchmark at the close of business on Oct. 30, the Cannabis Control Commission (CCC) announced Tuesday in a news release.
Marijuana sales in Massachusetts tallied $444.9 million for 2019.
Since Massachusetts’ first two marijuana stores opened in 2018, 82 more have received notices from the CCC to begin operations statewide and are in the process of opening.
Another 201 stores with provisional or final license approval are completing the CCC’s inspection and compliance procedures.