W W W. M A I N E B I Z . B I Z 11 J U N E 2 7 , 2 0 2 2
F O C U S B U S I N E S S O F C A N N A B I S
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dult-use cannabis is now legal for
sale in 18 states, including Maine,
and the District of Columbia. The Maine
Office of Cannabis Policy says its research
shows the growth of Maine's recreational
cannabis market has displaced much
of the illicit one. Based on a survey, it
estimates that 64% of cannabis used
by Mainers between November and
December last year came from a reg-
ulated or otherwise legal source. The
remaining 36% was from illicit sources.
At the current pace, sales of adult-use
cannabis would surpass $120 million
for the year.
Establishment
application fees
Individual
Identification Card
application fees
License fees
Excise tax
Sales tax
May 2022:
$9.80
2022
2
:
$10.59
May 2022:
184,427
2022
2
:
777,385
2020
1
: $4.3M
2021: $82.0M
2022
2
: $51.5M
1 After legalization took effect in October
2 Through May
S O U R C E : Maine Office of Cannabis Policy
SALES OF ADULT-USE CANNABIS IN MAINE NUMBER OF SALES TRANSACTIONS
AVERAGE PRICE PER TRANSACTION AVERAGE PRICE PER GRAM (BUD/FLOWER)
STATE REVENUE GENERATED IN 2021
F O C U S S TA R T S O N F O L L OW I N G PA G E
»
Average
transaction
cost:
$66.25
A
$98,430
$155,709
$848,360
$4,979,775
$7,382,845
