Maine’s new adult-use cannabis market reported $1.4 million in legal sales in its first month.
Maine’s six licensed adult-use retailers in Auburn, Bangor, Northport, South Portland and Stratton reported 21,194 sales worth $1,409,442 from Oct. 9, the first day licensed retailers were authorized to sell recreational marijuana in Maine, through Nov. 8, the Maine Office of Marijuana Policy said on Monday. The state earned almost $141,000 in tax revenue from the sales.
“Business here is steady: not great, but OK, considering the time of year,” said Mark Humphries, who owns Northland Botanicals in Stratton, the only adult-use retailer in Maine’s northwest corner for most of the market’s first month. “October into November is always slow around here, and with COVID, slower than usual. And of course it’s harvest time for the locals.”
Humphries expects his sales to increase as nearby ski resorts at Sugarloaf and Saddleback open, but fears a COVID-19 surge may result in a state-mandated lockdown that could close them and starve him of much-needed ski crowd business and possibly even force him to close his doors if recreational marijuana shops do not get an essential business designation from the state.
The typical customer spent about $66 per sale in the first month of legal sales, according to statewide data. Smokable cannabis, or flower, accounted for 76 percent…