U.S. Marijuana Sales Reach $1.872 Billion in October
- Total marijuana sales in October 2024 reached $1.875 billion, showing a slight decrease from September's $1.877 billion.
- The market remains stable, with monthly revenues projected to increase in 2025 as Delaware and Minnesota launch legal marijuana markets.
- The sales data for most states was obtained from regulatory bodies, with figures from the research firm Headset used when necessary.
- These October sales generated approximately $350 million in tax revenue, with some legal marijuana states not included in the data provided.
This total, based on an analysis by The Marijuana Herald, represents a marginal decrease from September’s $1.877 billion, highlighting the market’s stability. Sales data for most states was sourced from their regulatory bodies overseeing the marijuana industry. In instances where this data was unavailable, figures from the research firm Headset were used.
Looking ahead, monthly revenues are expected to rise in 2025 as Delaware and Minnesota prepare to launch their legal marijuana markets. Below is a state-by-state breakdown of October’s marijuana sales.
These sales resulted in roughly $350 million in combined tax revenue.
Legal marijuana states not included in the above list, either because data for October has not been released or because they do not yet have operating legal marijuana markets, are: