Cannabis tax collections grew slightly, while some regions saw large variances

Cannabis taxes paid to the state for the first three months of 2024 grew by less than 1% even as collections fluctuated sharply on a regional basis. Maryland collected nearly $14.7 million in taxes on sales of recreational cannabis in the first quarter of this year, an increase of less than 0.7% compared to the fourth quarter of 2023, according to the Office of the Comptroller. The data released Wednesday is just the third quarterly report since July 1, 2023, when Maryland residents 21 and older could legally purchase cannabis for recreational use.