Maine’s marijuana retailers sold approximately $5.36 million in adult-use products during the month of May, making it the highest-grossing month since the industry launched. Coming in $1 million above the previous record-breaking month of April, retailers conducted 71,843 transactions in May, with smokable marijuana making up 59 percent of sales, while infused products and concentrates accounted for 23 percent and 18 percent, respectively. In the seven months since the launch of Maine’s adult-use market, gross sales of adult-use marijuana have climbed steadily to a total of $22.77 million in Maine. Thirty-four retailers are now licensed in the program and more than 50 municipalities across the state are opted-in to the program.

Sean Hocking, Cannabis Law Report, 06/10/2021 00:53:00

Open article: