Retail weed sales in Massachusetts hit the $5 billion mark, according to a press release from the state’s Cannabis Control Commission (CCC). In January, adult-use sales reached $4 billion and a mere eight months later surged to $5 billion.
With more East Coast states launching legal marijuana programs, some in Massachusetts worried that competition in the neighborhood might cut into the state’s sales. But that obviously didn’t happen. The eight-month period between the $4 billion and $5 billion benchmarks was a remarkably short time to generate $1 billion in sales.
“Massachusetts continues to hit record sales even as other states have come online. In fact, …