Missouri’s $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses
The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. According to the latest data from the Missouri Department of Health and Senior Services (DHSS), the adult-use cannabis sector contributed $108.7 million in March, with medical cannabis adding another $16 million, culminating in a total of $124.7 million.
This performance marks a significant increase from February’s totals, which saw $98.3 million in recreational sales and $15.1 million in medical sales. Since the initiation of marijuana commerce tracking, Missouri’s total sales have soared to $2.29 billion, highlighting the robust growth and potential of the industry in the state, noted Green Market Report.
Missouri’s Cannabis Market Explosion: A Deep Dive
Headset’s 2023 analysis reveals Missouri’s cannabis market is booming, with sales hitting $953 million between February and September 2023, making it the sixth-largest in the U.S., even surpassing Colorado.
The report points …