Maryland Retail Cannabis Sales Tick Down in September

Maryland Retail Cannabis Sales Tick Down in September

The number of certified patients registered in the state also ticked downward.

Maryland retail cannabis sales topped $90 million for medical and recreational marijuana goods, combined, in September, according to state figures.

Total sales of $90.5 million fell slightly from the $91.7 million reported in August. The decline in overall sales is due to a 6% drop in sales of medical marijuana, even while adult-use product sales increased 2%.

According to a breakdown from the Maryland Cannabis Administration, between Sept. 1 and 30, marijuana retailers sold:

$54.6 million in flower
$24.5 million in concentrates
$6.2 million in edibles
$4.9 million in infused nonedible goods
$567,414 in shake
$12,617 in marijuana plants

The number of certified patients registered in the state also ticked downward, a common trend after adult-use sales become legal. As of Oct. 1, the Maryland Cannabis Administration reported 151,009 certified patients, down from a peak of 163,935 on June 1.

The state is preparing to open its next round of licensing in just over a month, which is expected to result in the issuance of 179 new marijuana licenses, including:

75 dispensaries
16 growers
32 processors

This first round of licensing will be dedicated to social-equity applicants. Currently, the adult-use market is made up of companies that were already active in the medical marijuana market in the state.

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