Friday, July 18, 2025
Weed Deep Dive
  • Politics
  • Lifestyle
  • Business
  • Medical
  • Shop
No Result
View All Result
Weed Deep Dive
  • Politics
  • Lifestyle
  • Business
  • Medical
  • Shop
No Result
View All Result
Weed Deep Dive
No Result
View All Result

Massachusetts Adult Use Marijuana surpasses $5 Billion In Sales

Keegan MacDonald by Keegan MacDonald
September 15, 2023
in Featured, Lifestyle
136
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
Views: 1,448

Massachusetts’ burgeoning adult-use marijuana industry has reached an impressive milestone, with total sales crossing the $5 billion mark. This achievement comes amid strong momentum, despite earlier speculation about the resignation of the executive director of the state’s Cannabis Control Commission (CCC).

Regulators in the Bay State have reported that adult-use cannabis sales continue to surge, even as neighboring Northeastern states have launched their own adult-use programs. The Worcester Business Journal revealed that the state’s recreational cannabis retailers collectively amassed $1 billion in sales between January and August, marking the fastest pace at which licensed sellers have achieved such substantial revenue.

Shawn Collins, the executive director of the CCC, expressed his enthusiasm for the industry’s sustained growth. He stated, “Massachusetts continues to hit record sales even as other states have come online. In fact, our neighboring states Maine, Rhode Island, and Connecticut also had record sales this summer.”

Contrary to a previous announcement made in July regarding his resignation, Collins clarified that he is taking temporary parental leave and has no plans to step down from his role. He emphasized, “So I don’t know what the future holds for me, certainly, but I’m looking forward to clocking in on a daily basis and continuing to do the work alongside the folks that are here at the agency.”

This clarification followed earlier confusion stemming from CCC Chair Shannon O’Brien’s resignation announcement. O’Brien has since apologized for any misunderstanding.

In addition to celebrating the remarkable sales achievement, the CCC has held a public hearing to introduce new cannabis regulations. These regulations aim to promote industry diversity, establish marijuana lounges, and enhance oversight on agreements between cannabis companies and municipalities. As the industry continues to thrive, Massachusetts remains at the forefront of the evolving cannabis landscape in the Northeastern United States.

Read the whole article here.

Previous Post

Reactions to the Rescheduling of Marijuana

Next Post

Weed Stocks are a rollercoaster but here’s where they stand

Keegan MacDonald

Keegan MacDonald

Related Posts

Big Raids at Cannabis Farms

Big Raids at Cannabis Farms

by Graham Cooper
July 17, 2025
0

A couple cannabis farms in California have become the focal point of the Trump administration's war on illegal immigration. Last...

FBI Busts Chinese Nationalist Drug Ring, Found Exploiting US Immigration Laws

FBI Busts Chinese Nationalist Drug Ring, Found Exploiting US Immigration Laws

by Keegan MacDonald
July 16, 2025
0

Federal authorities announced Tuesday that seven Chinese nationals have been charged in connection with a sprawling, multi-million dollar marijuana trafficking...

California’s Cannabis Tax went up even more

California’s Cannabis Tax went up even more

by Graham Cooper
July 15, 2025
0

On July 1st, the excise tax for cannabis went from 15% to 19%. This was baked into the Control, Regulate...

Will the Social Media Ban on Marijuana Ever Let Up?

Will the Social Media Ban on Marijuana Ever Let Up?

by Graham Cooper
July 14, 2025
0

The stigma around marijuana has been progressively easing for the past ten years, ever since states began legalizing its recreational...

Next Post
Weed Stocks are a rollercoaster but here’s where they stand

Weed Stocks are a rollercoaster but here's where they stand

Latest

Big Raids at Cannabis Farms

Big Raids at Cannabis Farms

July 17, 2025
FBI Busts Chinese Nationalist Drug Ring, Found Exploiting US Immigration Laws

FBI Busts Chinese Nationalist Drug Ring, Found Exploiting US Immigration Laws

July 16, 2025
California’s Cannabis Tax went up even more

California’s Cannabis Tax went up even more

July 15, 2025
ADVERTISEMENT
Sign up for the WDD Newsletter

Categories

  • Business
  • Featured
  • Lifestyle
  • Medical
  • Politics
  • Uncategorized

Recent Posts

  • Big Raids at Cannabis Farms
  • FBI Busts Chinese Nationalist Drug Ring, Found Exploiting US Immigration Laws

Browse by Tag

cannabis covid marijuana ban ncaa

AFFILIATES

© Weed Deep DIve. All rights reserved.

No Result
View All Result
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop

© Weed Deep DIve. All rights reserved.