For the eighth straight month, and the eleventh time in the past year, medical marijuana sales dropped from the month prior, clocking in at about $31 million in October 2022.
By contrast, adult-use cannabis sales that voters approved in 2020 hit a new high in the same month, with more than $85.4 million in estimated sales, according to the Arizona Department of Revenue.
The crumbling of the medical program follows a pattern other states have seen with medical markets outpaced by recreational sales in the wake of legalization.
The most recent ADOR report shows October sales at $31.4 million, more than $1 million less than the September sales of $32.5 million. The ADOR revised initial September sales estimates up from the previous report of $30.9 million.
Adult-use recreational sales for October shot up more than $5 million from September’s $80.4 million in estimated sales. (September estimates were revised upward by about $5 million in the most recent report.) August sales came in at just under $78 million.
To read more, click on KPVI