Medical Cannabis is Now Maine’s Most Lucrative Crop

Medical cannabis sales in Maine surpassed $221.8 million from January through November, making the crop the state’s most lucrative, outpacing potatoes, milk, hay, and wild blueberries, the Portland Press Herald reports. The total also represents a new annual sales record for medical cannabis, with still about three weeks left in 2020.

The figures include sales from Maine’s eight medical cannabis dispensaries and network of nearly 3,000 registered caregivers, who serve about 65,000 certified patients. The total does not include recreational cannabis sales, which began in October and reached $1.4 million in sales during its first month.

Patrick Anderson, CEO of Anderson Economic Group, which issues a monthly national cannabis market benchmark, told the Press Herald that the industry has “been participating in a national experiment” since the start of the pandemic in March.