Legal cannabis sales in Missouri rose to over $125 million in March

KANSAS CITY, Mo. — The recognition of grownup leisure use of marijuana continues to develop in Missouri, with gross sales of hashish merchandise in March topping $125 million.

Gross sales of authorized grownup use hashish totaled $93.5 million in March, whereas medical marijuana gross sales had been $32.7 million, in line with the Missouri Division of Hashish Rules.

Grownup-use gross sales started Feb. 3 and $103 million in hashish merchandise was offered that month, in line with a information launch from The Missouri Hashish Commerce Affiliation.

Voters in cities and counties throughout the state, together with Kansas Metropolis, Independence and Jackson County, authorised a 3% extra gross sales tax on gross sales of grownup leisure use marijuana. The tax doesn’t apply to medical marijuana gross sales.

“Between file hashish gross sales and native communities voting to embrace the financial advantages of grownup use gross sales, Missouri couldn’t be higher positioned to make an actual and lasting influence on our state financial system, whereas being probably the most customer-friendly hashish applications in your entire nation,” stated government director of MoCannTrade Andrew Mullins in an announcement.

The commerce group expects gross sales to proceed to extend, and acknowledged within the information launch the state might promote greater than $1 billion in hashish merchandise within the first 12 months of authorized gross sales.