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MD sees 52% rise in recreational weed revenue

September 26, 2024

Quarterly state revenue from cannabis sales recently increased 52%, representing the largest quarter-over-quarter increase since the drug became legal for recreational adult use in July 2023, according to a report that Comptroller Brooke Lierman’s office released Tuesday. The market growth resembles what “all states that have legalized adult-use cannabis have experienced,” a spokesperson for the Maryland Cannabis Administration said in a statement.

Article Source: The Daily Record

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