Maine Cannabis Retailers Break Record; Sell $5.36 Million in May

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The Logo for SeaWeed Co. Brightly Lights up the  Inside of the Venue, at 23 Marginal Way, Portland.

Maine’s marijuana retailers sold approximately $5.36 million in adult-use products during the month of May, making it the highest grossing month since the industry launched.  Coming in $1 million above the previous record-breaking month of April, retailers conducted 71,843 transactions in May, with smokeable marijuana making up 59% of sales, while infused products and concentrates accounted for 23% and 18% respectively, according to a press release from the State’s Office of Marijuana Policy.

In the seven months since the launch of Maine’s adult-use market, gross sales of adult-use marijuana have climbed steadily to a total of $22.77 million in Maine.  Thirty-four retailers are now licensed in the program and more than 50 municipalities across the state are opted-in to the program.

Maine’s adult use market launched on October 9, 202 and saw sales from a modest six active licenses that month.  Those licenses conducted 16,294 transactions and grossed just more than $1 million in sales throughout the partial month, rising to approximately $4,55 million on through April, with an additional $1 million added in May.

These sales figures have not been audited and are subject to revision.

The Office. a division of the Department of Administrative and Financial Services, is responsible for the oversight of all aspects of legalized marijuana in Maine, including Maine’s medical and adult-use programs.