Missouri tops $50 million in medical marijuana sales

Missouri tops $50 million in medical marijuana sales

 

At the end of May, the Department of Health and Senior Services announced a move to monthly reporting of retail sales numbers for the medical marijuana program, moving away from weekly sales tracking that began in January, 2021. The final weekly reporting, issued May 21 showed cumulative sales at $47,921,063. 

Monthly sales for May closed at $53.96 million, a total of $15.51 million in monthly sales, and an uptick of 43.13% in sales over the month of April.

Missouri Medical Marijuana Sales by Month | Chart displays Monthly and Cumulative sales in millions.

In April, despite the unofficial 4/20 holiday, retail sales dipped to $8.82 million for the month, after posting $12.67 million in March sales according to DHSS.

May sales figures showed a strong recovery, posting an increase of $6.69 million in monthly revenue over April. 

May also set multiple new sales records, posting a new weekly sales high, a new high monthly sales total, and pushing Missouri over the $50 million threshold for cumulative sales.