Massachusetts adult-use marijuana gross sales have formally exceeded $4 billion for the reason that state’s market launched in late 2018, regulators introduced on Friday.

As of January 12, the state noticed $4,000,732,608 in gross hashish gross sales, in response to knowledge from the Hashish Management Fee (CCC). This comes lower than a yr after Massachusetts hit the $3 billion mark, demonstrating continued progress within the business.

The state at the moment has 265 retailers and 14 supply providers working, and regulators monitor and publish knowledge on gross sales via the fee’s Open Knowledge Platform. In 2022 alone, the state bought $1,483,898,510 price of marijuana.

That portal additionally exhibits individually that medical hashish gross sales are positioned to achieve $1 billion in the course of the November 2018-January 2023 timeline, with the entire buy worth at the moment at $975.4 million. Medical hashish has been obtainable in Massachusetts for longer than leisure, however regulators’ public knowledge tracks each packages on the adult-use timeline.

“Customers’ demand for examined, high quality hashish merchandise stays sturdy since Massachusetts grew to become the primary East Coast state to open adult-use shops in 2018 and supply service in 2021,” CCC Govt Director Shawn Collins stated in a press launch. “As new jurisdictions come on-line, I

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