Maine’s adult-use cannabis sales surpassed $9 million in July, a 45% increase over June, according to a CentralMaine.com report.
Office of Marijuana Policy Spokesman David Heidrich has attributed the increase in sales to summer tourism, market growth and the Fourth of July holiday, the news outlet reported.
Maine’s 44 licensed adult-use retailers reported 124,004 transactions last month that totaled $9.4 million, which generated $943,500 in tax revenue for the state.
Adult-use cannabis sales launched last October, and July marks the first month that adult-use sales have matched medical sales in the state, according to CentralMaine.com.
Maine’s adult-use market has reported about $38.7 million in total sales since the market launched last fall, the news outlet reported, and the state has raked in more than $3.8 million in total tax revenue.
