Adult-use cannabis retailers in Maine set a new sales record in June at $18.4 million, according to recent data from the Maine Office of Cannabis Policy.
Adult-Use Cannabis Sales in Maine Reach New Record in June
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Adult-use cannabis sales in Maine reached a new record in June, topping $18.4 million, according to Maine Office of Cannabis Policy (OCP) data outlined by the Bangor Daily News. The previous high was $17.4 million, realized the previous month.
In all, dispensaries in the state sold about 5,270 pounds of cannabis in June. Cannabis was legalized in Maine by voters in 2016 but retail sales didn’t commence in the state until July 2022.
According to OCP data, there were 322,169 transactions at adult-use dispensaries in June, with an average flower price-per-gram of $7.69.
So far this year, adult-use sales have totaled $97,408,138 in 1,671,054 transactions. If sales remain on this pace, 2023 adult-use sales in Maine will surpass last year’s total of $158.9 million.
Flower represented the bulk of sales in June, totaling about $11 million. Concentrates were the second most popular product category, with sales reaching nearly $4.5 million, followed by infused products at nearly $3 million, with plant sales comprising the remainder.
So far this calendar year, Maine’s average price per gram of flower is $7.90.
The state has licensed 218 retail stores, 150 cultivators, 116 manufacturers, and five testing laboratories.
However, a recent survey by the OCP suggests that the retail market has upended the state’s system of medical cannabis caregivers. That survey found that more than 1,350 caregivers left the program from the end of 2021 to the end of January 2023.
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