Missouri’s First Recreational Weekend Was a $12.7M Winner
JEFFERSON CITY, Mo. – During the first weekend of adult-use sales, the average recreational retailer saw more than $70,000 in revenue—eclipsing historical weekend medical sales in the state by more than 300 percent. According to state regulators , the opening weekend of adult-use sales from Friday, February 3 to Sunday, February 5 delivered $8,500,900.61 in revenue with an additional $4,189,064.46 coming from the medical side for a combined total of $12,689,965.07. In November, Missouri voters approved Amendment 3 to legalize adult-use cannabis possession, cultivation, and licensed retail sales with 53.11 percent of the vote. This was the first time a Midwestern state voted in favor of a citizens’ initiative to legalize cannabis for adult use. “Missourians have clearly demonstrated that support for ending prohibition isn’t relegated to the coasts or deep blue states, but that it is a common sense position that resonates with all Americans,” said NORML Executive Director Erik Alter...