Massachusetts sets adult-use cannabis sales mark with $1.56 billion in 2023

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Massachusetts cannabis sales broke records in 2023 for the sixth year in a row, and December was the best month ever.

Retailers sold more than $1.56 billion in 2023, an increase of $78 million compared to 2022, Boston.com reported, citing Cannabis Control Commission (CCC) data.

That’s despite falling wholesale cannabis prices and dwindling cross-border shoppers from states that have now legalized.

According to a CCC news release:

“This continued growth confirms that Massachusetts’ regulated marijuana industry is still a maturing market,” CCC Chair Ava Concepcion said 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.”