NEWS BRIEF

Missouri medical marijuana sales nearing $25 million mark

Medical marijuana sales in Missouri have hit almost $25 million since the market launched in October, according to state figures.

That total breaks down to roughly $2 million in sales a week, according to the Missouri Medical Cannabis Trade Association.

“These encouraging sales figures come as no surprise – but are all the more impressive in a pandemic-stricken economy,” the trade association’s executive director told the Associated Press.

Missouri’s medical marijuana program is in its infancy, so it has a long way to go before it reaches its full potential. The state thus far has roughly 90,000 registered MMJ patients.

The market could reach $225 million-$300 million in sales this year alone, according to the Marijuana Business Factbook.

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