This month, the Maryland cannabis industry hit a major milestone — reaching $1 billion in total retail sales. About 40 months after retailers began selling medical cannabis in Maryland, dispensaries had collectively brought in more than $1 billion by early April, William Tilburg, executive director of the Maryland Medical Cannabis Commission, noted during a public meeting last week. And given current growth pace, Tilburg said the MMCC anticipates $2 billion in sales will be achieved in about about half the time.
Maryland’s cannabis market hit $1 billion in sales. The next billion will come quicker.
April 26, 2021