Massachusetts Dispensaries Record $US420 Million In Sales For 2019

Recreational cannabis dispensaries  in Massachusetts earnt more than $420 million in sales in the first full calendar year of legalization, according to new state data.

The data was  released this week by the Massachusetts Cannabis Control Commission and shows  sales in December alone topped $10.7 million  before Christmas.

The data will be updated to show the full 2019 calendar year sometime in January.

Massachusetts imposes roughly 17% to 20% in taxes on marijuana, including a 6.25% sales tax, a 10.75% excise tax and an optional local tax of up to 3%.

Read full release

https://opendata.mass-cannabis-control.com/stories/s/Sales-and-Product-Distribution/xwwk-y3zr

A selection of visual aid for the stats.. see more at above link

 

Primary Sponsor

 


Karma Koala Podcast

Top Marijuana Blog