Sales of adult-use marijuana in Maine have already set a new annual record in the first 11 month of 2023, with nearly $200 million worth of legal cannabis products sold during the year, according to the state’s Office of Cannabis Policy (OCP).
Through November, says the office’s website, $197,561,133.53 worth of recreational products have been sold over 3,434,477 transactions—315,978 of which occurred last month. The average price per gram of flower for the calendar year through November stands at $7.81 per gram, or about $27.34 per eighth. November itself saw prices slightly lower than the year average, at $7.52 per gram.
Maine Office of Cannabis Policy
“Usable cannabis”—or marijuana flower—continued to lead the market in November, ahead of concentrate, infused products and plants, according to state data.
The roughly $200 million in legal recreational cannabis sold through November is already nearly $40 million more than was sold in all of 2022, according to Maine Public Radio.
John Hudak, director of OCP, told the outlet that while declining marijuana prices over time “are appealing to the consumer,” they can also “really make it more difficult for businesses to operate. And we’re starting to see that.”
Sales have steadily declined since August,
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