Massachusetts adult-use cannabis dispensaries break $4B in gross sales since legalization

Massachusetts State Flag on cannabis background. Drug policy.

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  • Recreational cannabis dispensaries in Massachusetts recently surpassed $4B in gross revenue since adult-use cannabis sales began in November 2018.
  • The Bay State hit the $4B mark just eight months after reaching the $3B plateau.
  • In 2022, Massachusetts saw 71 new retailers open for business. In total, there are 265 adult-use businesses in the commonwealth.
  • About $1.5B in sales were generated in 2022.
  • Multi-state operators in Massachusetts: Trulieve Cannabis (OTCQX:TCNNF), Green Thumb Industries (OTCQX:GTBIF), Curaleaf (OTCPK:CURLF), Acreage (OTCQX:ACRHF), Ayr Wellness (OTCQX:AYRWF), Verano (OTCQX:VRNOF), and Jushi (OTCQX:JUSHF).

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