Residents and guests to the Bay State have formally spent $8 billion {dollars} on marijuana because the federally-prohibited product grew to become accessible for retail sale within the state in 2018, in line with the Hashish Management Fee.
The milestone comes about 7 months after the company introduced gross sales had surpassed the $7 billion mark, and on the heels of record-setting month-to-month gross sales in the newest January, April, and Might.
The $8 billion determine was formally reached on June 28, after what the fee described as a “record-breaking first half” of the yr.
CCC Govt Director Travis Ahern says the brand new excessive level reveals the general public stays assured within the steadily rising trade.
“The Commission is glad to see the Commonwealth achieve another adult-use cannabis sales milestone, which demonstrates that consumers continue to have confidence in the safety and security of the regulated market,” he stated.
Hashish flower — as within the precise marijuana buds — stays the most well-liked pot product amongst customers, in line with the CCC, with $338 million value of weed bought in that trend from January 1 to July 6 of this yr alone.
In second and third place are vape merchandise — concentrated marijuana that’s heated electronically and inhaled as a vapor — and pre-rolled joints, grossing $168.8 million and $116.4 million, respectively, to date in 2025.
The fee has issued 40 notices to begin operations to newly licensed operators this yr, bringing the full variety of authorised retail institutions to an all-time excessive of 754. The fee has issued a further 63 licenses in 2025 to companies which can be as but not open for gross sales.
Promoting all of that hashish has meant a windfall for the state. In response to the CCC, marijuana gross sales include each the 6.25% state gross sales tax and a further 13.75% excise tax.
On $8 billion in gross sales, that works out to be $1.6 billion in tax income, with $264 million collected in fiscal 2025 by the tip of Might. That’s up $12 million from the identical level within the prior fiscal yr.
The manager director appears to suppose the market has extra room for development, too. Later this yr, the company accountable for regulating hashish gross sales in Massachusetts will begin licensing “social consumption” websites. Assume Amsterdam-style pot cafes, however with out the airplane journey throughout the Atlantic to the Netherlands, and possibly fairly near a number of Dunkin Donuts.
That ought to imply extra weed gross sales, in line with the manager director.
Ahern stated in a press release, “As we anticipate the arrival of Social Consumption businesses – an entirely new license category – in the coming months, we look forward to increasing economic growth for Massachusetts.”
