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U.S. medical marijuana retail sales 2018-2023

Medical marijuana retail sales for the U.S. from 2018 to 2023 (in billion U.S. dollars)

by Matej Mikulic, last edited Oct 15, 2019
U.S. medical marijuana retail sales 2018-2023 The U.S. medical marijuana retail sales are expected to increase in the coming years. By 2023 the estimated marijuana retail sales may generate up to 8.4 billion U.S. dollars in sales. Retail sales of medical marijuana have increased substantially and are expected to more than double in the given period. Some recent research indicates that the tax revenues from marijuana sales will be highly beneficial to state and local budgets.
Marijuana usage

In total there are 33 U.S. states that have legalized marijuana for medical uses – just 10 of those states have legalized recreational marijuana usage. Current estimates indicate that California and Maine have the largest share of medical marijuana users among U.S. states. There are many types and forms of marijuana that can be consumed. According to a recent survey, the most popular form of marijuana consumed by U.S. adults was flower, followed by edibles. A similar survey identified the most common sources for marijuana procurement among U.S. adults. According to the results, the top three distribution channels for marijuana were recreational facilities, friends and medical dispensaries.

Medical marijuana dispensaries

Annual revenues of medical marijuana dispensaries vary across the United States. Recent reports indicated that Arizona, followed by Maine, had the highest revenues from medical marijuana sales. Despite having the highest revenues, those states did not have the largest number of dispensaries in recent years. Colorado, Ohio and Oregon were the top three states with the largest number of medical marijuana dispensaries open in recent years.
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Medical marijuana retail sales for the U.S. from 2018 to 2023 (in billion U.S. dollars)

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