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Missouri's marijuana market is making waves, with sales consistently surpassing $100 million month after month. Despite occasional hurdles such as supply issues and shifting trends, the state's legal marijuana industry remains resilient and robust.
In this blog post, we'll take an in-depth look at the numbers, trends, and factors shaping the marijuana landscape in Missouri.
Sustained Sales Success
Since the initiation of adult-use marijuana sales in February, Missouri's dispensaries have maintained an impressive average monthly sales figure of $119.23 million. The market has demonstrated remarkable consistency, with sales consistently exceeding $100 million for seven consecutive months.
In August, there was a slight dip in legal marijuana sales, with figures dropping by -3.41% compared to the previous month. August recorded $119 million in total sales, down from $123.20 million in July. This decline represents the lowest monthly sales total since February when recreational sales were first introduced.
Of the total monthly sales, recreational marijuana sales accounted for $97 million, while medical marijuana sales experienced a decline, reaching $22 million. This decrease in medical marijuana sales marked the first decline in monthly adult-use sales since April of the same year.
While August saw a minor setback, the cumulative yearly sales figures tell a different story. Missouri's marijuana market has achieved historic growth, accumulating a total of $871.60 million in sales through August 2023.
The Remarkable Growth Trajectory
Since the inception of Missouri's marijuana program, the state has achieved an astounding $1.47 billion in cumulative sales. This figure underscores the remarkable growth and economic impact of the marijuana industry within the state.
Despite the thriving sales figures in the recreational marijuana sector, a noticeable trend has emerged in Missouri's marijuana landscape—a decline in enthusiasm for medical marijuana cards. As of August 2023, the state's medical marijuana program has witnessed a significant drop in active participants. The number of active cardholders has dwindled from over 205,000 in November 2022 to approximately 140,000 by August 2023.
This shift raises questions about the factors contributing to the decreasing interest in medical marijuana cards among Missourians. Understanding these dynamics is essential for individuals considering their options for accessing marijuana products and exploring its therapeutic benefits.
Home Cultivation
Missouri is known for having one of the most robust home cultivation laws in the nation. Currently, the state boasts a thriving community of more than 20,000 home cultivators. This includes 19,347 active patient cultivators and 1,813 active consumer cultivators.
Home cultivation provides individuals with the opportunity to cultivate their marijuana plants, offering a level of self-sufficiency in accessing cannabis products. This trend reflects the diverse preferences and needs of Missouri's marijuana consumers.
Challenges on the Horizon
While Missouri's cannabis industry has experienced rapid growth in recent months, it's essential to acknowledge the challenges that lie ahead. Several factors could potentially impact the trajectory of the market:
Supply Chain Issues: The industry has faced challenges related to the supply chain, affecting the availability of certain products and strains. These issues can impact the overall consumer experience.
Recall Concerns: A massive recall in the market has raised concerns about product safety and quality. Consumers are becoming increasingly conscious of the products they purchase, emphasizing the importance of rigorous quality control measures.
Eroding Patient Base: The decline in the number of active medical marijuana cardholders indicates shifting preferences and choices among consumers. Understanding the reasons behind this trend is crucial for individuals seeking the most suitable access to marijuana products.
The Value of Medical Marijuana
Amid the evolving landscape of recreational marijuana, it's essential to highlight the enduring value of medical marijuana. Medical marijuana programs provide individuals with access to regulated, quality-controlled products designed to address specific medical needs. Here are some compelling reasons why medical marijuana remains a viable and beneficial choice:
Personalized Treatment: Medical marijuana allows patients to collaborate with healthcare providers to develop personalized treatment plans tailored to their medical conditions and needs.
Proven Efficacy: Extensive research has demonstrated the therapeutic potential of medical marijuana in alleviating symptoms associated with various medical conditions, including chronic pain, epilepsy, and post-traumatic stress disorder (PTSD).
Legal Protection: Holding a medical marijuana card provides legal access to treatment without the fear of legal consequences, ensuring peace of mind throughout the therapeutic journey.
Explore Your Options
If you're considering marijuana as a treatment option, it's essential to explore your choices and select the one that aligns best with your needs and preferences. Missouri's evolving marijuana landscape offers various pathways, including both medical and recreational options.
For individuals seeking the therapeutic benefits of marijuana while ensuring regulatory oversight, the medical marijuana program remains a trusted choice. As Missouri's marijuana industry continues to evolve, staying informed about the changing landscape and considering the right path for your health and wellness needs is crucial.
Whether you opt for a medical marijuana card or explore recreational options, the key is to make an informed choice that prioritizes your well-being.
Get Your Medical Marijuana Card in Missouri Today!
Although marijuana is now legal recreationally in Missouri, you should still get your medical card. If you have any questions, just give us a call!
There are so many benefits to having your medical marijuana card in a recreational state, including being responsible for less in taxes, saving at dispensaries, and higher possession laws.
If you don’t already have your medical marijuana card, we can help! Our doctors are standing by to take you through a quick and easy evaluation to see if you qualify. During your evaluation, they will be happy to answer all your questions about how cannabis may be able to help with your anxiety or any other medical conditions.
Schedule an appointment with a marijuana professional online or by giving us a call at
(877) 303-3117 to talk to a patient support representative.
Doctors Who Care.
Relief You Can Trust.
At Missouri Marijuana Card, our mission is to help everyone achieve wellness safely and conveniently through increased access to medical marijuana. Our focus on education, inclusion, and acceptance will reduce the stigma for our patients by providing equal access to timely information and compassionate care.
Call us at (877) 303-3117, or simply book a medical marijuana evaluation to start getting the relief you can trust today!
Check out Missouri Marijuana Card’s Blog to keep up to date on the latest medical marijuana news, tips, and information.
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