Maryland Cannabis Industry Generates $98.9 Million in Sales in January, Prices down 12% from January 2025
- Maryland’s marijuana industry recorded $98.9 million in total sales for January 2026, a nearly 5% increase from January 2025, despite a 12% drop in the average price per gram of dried marijuana to $7.84.
- Adult-use sales accounted for $80 million, up by $9 million from the previous year, with dried marijuana flower leading product sales at $54 million, followed by concentrates ($32 million) and edibles ($12 million).
- Since legalization, Maryland’s total marijuana revenue has reached approximately $1.78 billion, with adult-use sales totaling $1.209 billion and medical sales $574 million, and 2025 sales ($1.17 billion) slightly surpassing those of 2024.
- Recreational marijuana is taxed at 9% state and up to 3% local rates, with medical marijuana tax-exempt; tax revenues fund state programs like the Community Reinvestment and Repair Fund, public education, and substance abuse prevention.
Maryland’s marijuana industry recorded $98.9 million in total sales for January 2025, according to newly released data from the Maryland Cannabis Administration. This marks a nearly 5% increase from the $94.5 million sold in January 2025, despite prices seeing a significant drop. Of that total, $80 million came from adult-use sales (an increase of $9 million from 2025), while the remainder was from medical marijuana purchases.
The average price per gram of dried marijuana in January was $7.84, a drop of 12% from the $9 average in January 2025.
In January 2026, dried marijuana flower led product sales, accounting for $54 million in revenue. Concentrates followed with $32 million, while edibles brought in $12 million. The remaining sales fell into the “other” category. With January’s figures added, all-time adult-use marijuana sales in Maryland have now reached $1.209 billion, while medical marijuana sales stand at $574 million. Combined, the state’s total marijuana revenue since legalization has reached approximately $1.78 billion.
Maryland’s marijuana industry generated $1.17 billion in total sales in 2025 alone, slightly above the $1.14 billion sold in 2024. Adult-use marijuana became legal in the state following a voter-approved ballot measure in November 2022, with sales beginning on July 1, 2023.
Recreational marijuana purchases in Maryland are subject to a 9% state tax and up to a 3% local tax, while medical marijuana remains tax-exempt. The Maryland Cannabis Administration oversees the industry, with its Division of Cannabis Regulation and Enforcement managing licensing and regulatory compliance.
A portion of the tax revenue is allocated to various state programs, including the Community Reinvestment and Repair Fund, which supports initiatives in communities historically affected by drug policies. Other allocations include funding for public education, substance abuse prevention and treatment, and administrative costs related to regulation.