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Massachusetts Marijuana Sales Pass $7 Billion Mark As Prices Hit Record Low

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Since Massachusetts first opened its adult-use cannabis market, licensed retailers have sold more than $7 billion in legal medical and recreational marijuana, according to numbers from the state’s Cannabis Control Commission (CCC). The price per gram of legal marijuana, meanwhile, continues to fall to record lows.

The sales milestone—roughly $7.05 billion—includes $5.81 billion in recreational purchases since adult-use sales began in late 2018 as well as $1.24 billion worth of medical marijuana receipts over the same time period.

CCC’s sales data for the medical market extends back only to December 2018, when the commission assumed oversight of the system.

In February of this year, meanwhile—the most recent full month for which data is available—adult-use retailers tallied $127 million in sales, marking a year-over-year monthly increase of about $6.4 million. Medical marijuana sales for this past February were $16.2 million—about $2.5 million less than a year earlier.

The price of marijuana in Massachusetts, meanwhile, continues to fall—from a high of nearly $15 per gram of flower when stores first open to almost $5 per gram this year.

Massachusetts Cannabis Control Commission

In February, the average price to adult-use consumers was $5.32 per gram, a record low in the commonwealth, according

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Biden & Trump voters’ cannabis views (Newsletter: April 24, 2024)

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SC medical marijuana; Feds removing MDMA from drug testing; CA psychedelics; Ventura on cannabis politics; DEA psilocybin; Legalization & immigrants

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Reps. Morgan McGarvey (D-KY), Morgan Luttrell (R-TX) and seven other bipartisan members of Congress sent a letter pressing the Department of Veterans Affairs to form a strategic plan to implement MDMA-assisted psychedelic therapy in preparation for federal approval as soon as this summer.

The Substance Abuse and Mental Health Services Administration’s Drug Testing Advisory Board is weighing proposals to remove MDMA from federal workplace drug testing programs while adding fentanyl.

The South Carolina House Medical Cannabis Ad Hoc Committee held a hearing on a Senate-passed bill to legalize patient access—but only took testimony from

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Ahead Of 4/20, National Democratic Group Slams Virginia GOP Governor For Marijuana Vetoes

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A national Democratic Party group is bashing Virginia Gov. Glenn Youngkin’s (R) “harmful opposition to marijuana reform” ahead of the 4/20 cannabis holiday, calling out the GOP governor’s recent vetoes of bills to legalize retail sales and reduce sentences around past marijuana crimes.

In a statement tied to the 4/20 cannabis holiday and shared exclusively with Marijuana Moment on Friday, the Democratic Legislative Campaign Committee (DLCC), which focuses on electing Democrats to state legislatures, said Youngkin “continues to hold Virginia back and block the progress made by Democrats in control of the legislature.”

Use, possession and limited cultivation of cannabis by adults is already legal in Virginia, the result of a Democrat-led proposal approved by lawmakers in 2021. But Republicans, after winning control of the House and governor’s office later that year, subsequently blocked the required reenactment of a regulatory framework for retail sales. Since then, illicit stores have sprung up to meet consumer demand.

This year, with Democrats in control of both legislative chambers, lawmakers passed a new legal sales bill, sending it to Youngkin for his consideration in late February. A month later, the governor vetoed the bill, writing in a veto message that “the proposed legalization of retail marijuana in

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Kansas GOP Senator Forces Vote On Reviving Medical Marijuana Legalization Bill

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After a Kansas legislative committee effectively killed a medical marijuana pilot program proposal last month, lawmakers are slated to take up the issue once again when they return from break later this month under a GOP senator’s new motion to force a vote on a different legalization bill.

Last week on the Senate floor, Sen. Robert Olson (R) made a motion that would revive a broader medical marijuana measure and have senators debate and vote on it. That bill, SB 135, was shelved by a legislative panel a year ago after pushback from law enforcement.

“We’ve debated this issue in committee,” Olsen told Senate colleagues. “It’s time that we have an opportunity to vote on the floor to try to bring this bill out.”

“There’s a lot of money that states around us are making from this,” he added. “Someday this is going to be law in this state. I would like to put it into law with good boundaries, and this bill does that.”

The Senate will vote on Olson’s motion to hear SB 135 once the body reconvenes on April 26.

Olsen previously backed medical marijuana legalization and said last October that Senate President Ty Masterson (R) removed

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