Missouri adult-use and medical marijuana retailers generated $126.2 million in gross sales in March, up almost 23% over February.
Leisure hashish gross sales accounted for almost three quarters of the entire, in accordance with the newest figures launched by the state’s Division of Well being and Senior Companies.
Missouri’s adult-use gross sales in March totaled $93.5 million and MMJ transactions $32.7 million.
In February, these figures had been $71.7 million and $31.2 million, respectively, for a complete of $102.9 million.
At this tempo, Missouri hashish retailers may surpass $1 billion in gross sales of their first full 12 months of adult-use gross sales.
The market has loved robust client demand since launching adult-use gross sales Feb. 3 with almost all of Missouri’s medical hashish dispensaries – 195 are operational – having transformed to “complete licenses” to serve the expanded market.
Missouri additionally holds the uncommon distinction of bordering eight different states, so out-of-state customers, notably from Kansas, have been flooding the marketplace for merchandise, retailers and different business insiders have instructed MJBizDaily.
Illinois is the one bordering state that provides adult-use gross sales, nevertheless.