Missouri Marijuana Sales Exceed $12.6 Million During Opening Weekend
Missouri Nearly Doubles Opening Day Sales of Illinois
On Friday, Saturday, and Sunday, marijuana dispensaries sold $12,689,965 worth of product on the opening weekend of adult-use sales in Missouri. On Friday alone, Missouri dispensaries sold more than $5 million of cannabis. By comparison, Illinois, with twice Missouri’s population, sold $3,176,256 of cannabis on its first day back in January 2020. These record numbers are despite the fact several cities, like Columbia, won’t be allowing adult-use sales until this week.
Out of the $12.7 million in opening weekend sales in Missouri, $4.2 million worth of marijuana was purchased by Missouri medical marijuana patients, while $8.5 million were adult-use purchases. The Friday sales took place just 87 days after Missourians went to the polls to vote for marijuana legalization, which is the quickest adult-use implementation in the country after Arizona, which did so in 80 days.
“Our industry was adamant that we would be ready on day one to deliver for Missourians, but I never would have imagined this type of reception,” said Andrew Mullins, MoCannTrade Executive Director. “To have sold more on opening day than Illinois it quite astounding. These opening weekend sales numbers are a testament to what a great program the Missouri Department of Health has run as well as the level of excitement we see from Missourians about cannabis legalization. The best is yet to come.”
On Friday, the Missouri Department of Health and Senior Services Division of Cannabis Regulations issued 207 comprehensive dispensary licenses, 72 comprehensive infused product manufacturing licenses, and 56 comprehensive cultivation licenses.
Dec. 8 marked the first day Missouri adults could legally possess up to three ounces of marijuana.
MoCannTrade (The Missouri Cannabis Trade Association) is an association of business owners, professionals, patients, and consumers responsible for helping to implement a successful, safe, compliant medical and adult-use cannabis program in Missouri.
The membership-based association is directed by a board of diverse professionals experienced in cannabis production & retail, healthcare, law, pharma, science, agriculture, law enforcement & security, finance, public affairs, and regulatory sectors.
To learn more about MoCannTrade please visit www.mocanntrade.org