November 2021 marks three years since adult-use cannabis sales launched in 2018, and already, the state’s dispensaries have reported more than $2 billion in sales.
The state’s seed-to-sale tracking system showed $2,009,007,478 in gross sales at the close of business Aug. 31, according to a MassLive.com report.
“This milestone speaks to the success of licensees that have interacted with the Commission from the application stage, maintained compliance with our strict regulations, and contribute every day to communities across the Commonwealth,” Cannabis Control Commission Executive Director Shawn Collins told the news outlet. “This number also underscores the entire agency’s tireless efforts, particularly those of our hardworking staff, to thoughtfully regulate a safe, accessible and effective adult-use marketplace that keeps critical tenets of our mission—public health, public safety and equity, among others—front of mind.”
The state currently has 165 adult-use retailers, as well as three delivery services, MassLive.com reported.
During the first year of adult-use sales, from November 2018 through November 2019, the state had 33 operational dispensaries that generated $393.7 million in sales, according to the news outlet. The state’s retailers reached $1 billion in sales in November 2020, despite being shut down for roughly three months at the beginning of the COVID-19 pandemic.