2023 marked the first year of legal recreational marijuana in Missouri. It only took one month for the budding industry to reach full bloom — the “Show-Me” state had the third largest opening month, trailing only Arizona and California.
Statistics show that dispensaries were able to carry that high throughout the year. Here are a few more of the industry’s 2023 highlights:
- Sales surpassed $1.3 billion statewide.
- Kansas Citian’s second most googled “near me” search was “Dispensary near me.”
- MO became the first state in the country to expunge nonviolent marijuana charges. By December, the state cleared 100,000+ records.
And it’s just getting started. To be blunt, MoCannTrade predicted that Missouri’s cannabis market would bring in ~$1.3 billion and make MO a top 10 contender in the industry by 2026. Last year’s sales already smoked that prediction.
If MO keeps this MO-mentum, the state may soon take the top spot in the industry.