By Bob Katzen
Marijuana establishments in Massachusetts generated more than $1.64 billion in gross sales in 2024, setting a new annual record for the state.
“The cannabis industry in Massachusetts continued to mature in 2024 as the commission approved the 700th—and counting—notice to commence operations,” Acting Chair Bruce Stebbins said. “The clear growth of the industry is the result of ongoing collaboration between commissioners and agency staff, business owners, host communities, an engaged consumer base and the medical community. We’re looking ahead to continued growth in 2025 and beyond as we seek to expand the industry with new social consumption licenses.”