Massachusetts Cannabis Flower Prices Drop 42% In Past Year
Massachusetts’ adult-use market is showing signs of maturity
Massachusetts cannabis retailers enjoyed nearly four years without competition from its five bordering states following the sales launch of its adult-use program in November 2018. That’s about to change quickly.
A handful of Vermont retailers began serving an expanded market Oct. 1, while Rhode Island is teed up to start sales on Dec. 1, 2022, and New York and Connecticut are racing to approve adult-use dispensary ribbon-cuttings before the end of the year. Meanwhile, New Hampshire is on a medical-only island of its own in New England.
As four of its neighbors come online with 21-and-older retail, Massachusetts’ adult-use market is showing signs of maturity and will likely have the most competitive retail prices in the region for some time to come.
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