Missouri’s growing medical marijuana market shows no signs of slowing down
Missouri medical marijuana dispensaries set another sales record in the month of November, bringing in over $100 million in revenue in the last 5 months alone. November marks the fifth consecutive month of +$20 million retail revenues and the seventh straight month of retail revenue growth.
November set a new sales record, climbing 7.36% over the prior month, bringing in $25.95 million in retail revenue. November sales boosted the program’s cumulative total to $186.17 million and the year-to-date total to just over $180.84 million.
Missouri will likely break the $200 million mark in both cumulative sales and 2021 annual sales in December.
In addition to retail growth, the program has seen an uptick over the last several months with the number of facilities approved to operate climbing quickly.
Missouri has approved the operation of 32 dispensaries, 15 manufacturing licenses, 7 cultivation licenses, and a testing facility – just since October 1.
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