Published: 7/3/2024
ANNAPOLIS, MD – Governor Wes Moore today announced that total medical and adult-use retail sales surpassed $1.1 billion in the first 12 months following legalization. According to the Maryland Cannabis Administration, monthly retail sales surpassed $95 million in June, with the adult-use market accounting for more than $67 million in sales. Since cannabis was legalized for adult consumers on July 1, 2023, adult-use sales totaled more than $700 million and medical sales totaled nearly $400 million.
“Our new adult-use cannabis market isn’t only generating extraordinary economic activity – it’s also helping us build new pathways to work, wages, and wealth for all,” said Gov. Moore. “Making Maryland more competitive means ensuring that everyone can reap the benefits of Maryland’s economic growth. This important milestone proves how our administration continually – and repeatedly – honors our deep commitment to that mission.”