Medical marijuana sales in Missouri continue strong trend
Missouri sold $26.66 million worth of medical marijuana at retail during the month of February
In a shortened month, Missouri medical marijuana sales continued strong trends and are on pace to meet or exceed projections.
For the second month in 2022, and the third month in a row, retail sales of medical cannabis in Missouri topped $26 million, with February sales growing 0.26% over January bringing in $26.66 million for the month – bringing cumulative sales to $268.33 million for the life of the program.
2022 projections forecast yearly sales to topple that cumulative total. BDSA’s recently released Market Forecast estimates that full-year 2022 sales will reach a total of ~$360 million in Missouri.
Missouri brought in $209.75 million at retail in 2021 alone. In 2021, flower dominated retail sales categories, but concentrates were the fastest-growing category representing 26% of all sales in Q4 2021.
The state currently has 328 licensed businesses approved to operate.