As recreational marijuana prices plummet in Massachusetts, medical sales slump

Consumers rejoice, but data suggest state’s cannabis sector is stumbling amid increasing competition

By Dan Adams Globe Staff,Updated November 13, 2022,

Six years after Massachusetts voters legalized marijuana, the state’s cannabis industry is bigger than ever, with cumulative recreational sales soaring toward $4 billion and more than 225 retailers now open in communities from Provincetown to Pittsfield.

That maturation is good news for consumers, who are finally seeing greater selection and lower prices after years of paying some of the highest prices in the country for legal weed that was often of mediocre quality.

But increasing competition and supply are also starting to cause measurable headwinds for marijuana operators.

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