Maryland Medical Cannabis Sales Reached $1 Billion Since Rolling Out

Since December 2017 when medical cannabis sales in Maryland got underway, the state has generated over $1 billion in cannabis retail sales, according to Marijuana Business Daily.
Quarterly sales of $60.5 million in 2019 nearly doubled in the same period of 2020, reaching $115 million. In the first three months of 2021, cannabis sales reached $135 million.
According to William Tilburg, executive director of the Maryland Medical Cannabis Commission, the state will hit another billion dollars in about half the time.
Furthermore, Tilburg projects Maryland’s industry will reach $550 million in sales by the end of this year, based on the growing number of patients and businesses.
– Read the entire article at Benzinga.

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