NJ Adult Cannabis Is Flying Off The Shelves — But There’s A Catch
Medical cannabis has taken a massive hit in the state
It wasn’t that long ago that a medical marijuana card was the only way to purchase legal weed in New Jersey. But nearly two years after dispensaries opened up for recreational marijuana sales, medicinal cannabis has become an afterthought to consumers.
More than $206 million was spent on cannabis in New Jersey in the third quarter of 2023, with almost $177 million going towards recreational purchases, according to statistics released by the New Jersey Cannabis Regulatory Commission on Thursday.
Medical marijuana, which until April 2022 was the only kind of legal cannabis available in New Jersey, has become a smaller and smaller part of the market since then. In the third quarter, medical marijuana patients spent just about $29 million — less than half of the amount spent in the third quarter last year.
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