Minnesota Marijuana Sales Near $40 Million in First Two Months of 2026, Retail Store Count Reaches Well Over 100
- Minnesota’s cannabis market generated nearly $40 million in sales during January and February 2024, with combined adult-use and medical marijuana purchases totaling approximately $36.9 million.
- The state has nearly 200 licensed cannabis businesses, including 107 adult-use retail stores and 20 medical-only dispensaries, along with cultivation, manufacturing, transportation, and testing facilities.
- Medical marijuana sales represented about 45% of total sales in the first two months, highlighting the ongoing importance of the established medical program alongside the growing recreational market.
- With more cultivation sites coming online and additional retail licenses expected, Minnesota’s marijuana industry is expected to continue expanding throughout 2026, increasing supply and consumer access statewide.
According to new data released by Minnesota’s Cannabis Market Monitor, the state has generated nearly $40 million in sales so far this year, with nearly 200 licensed cannabis businesses (including 127 retailers). State data shows combined adult-use and medical marijuana sales reached approximately $36.9 million in January and February. January accounted for about $19.1 million in total sales, including $10.3 million from adult-use purchases and $8.8 million from medical marijuana patients.
Sales remained strong in February, totaling roughly $17.8 million. Adult-use purchases made up $9.7 million of that figure, while medical marijuana sales accounted for $8.1 million.
Together, the two months brought Minnesota’s year-to-date marijuana revenue to just under $40 million, highlighting the rapid expansion of the state’s legal market following the launch of licensed adult-use retail operations.
The growth in sales has coincided with a steady rise in the number of licensed marijuana businesses operating statewide. Minnesota now has 107 licensed adult-use retail stores, providing legal access to marijuana products for consumers across the state. The state also has 20 licensed medical-only dispensaries.
In addition to adult-use retailers, regulators report that Minnesota currently has 20 medical marijuana retail locations. The broader industry infrastructure includes 41 licensed cultivation sites, 18 manufacturing facilities, four transportation businesses and three testing laboratories.
The mix of adult-use and medical sales demonstrates the continued role of Minnesota’s long-standing medical marijuana program even as the recreational market expands. Medical purchases accounted for roughly 45% of total marijuana sales during the first two months of the year.
With more cultivation operations coming online and additional retail licenses expected to be issued, Minnesota’s marijuana market is poised for further expansion throughout 2026 as supply increases and access improves for consumers across the state.