Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

Massachusetts Recreational Cannabis Stores Sell $2.2 Million in First 5 Days

Massachusetts Recreational Cannabis Stores Sell $2.2 Million in First 5 DaysRecreational cannabis sales in Massachusetts began with $2.2 million in its first five days of legal sales on November 20th through to the 25th, excluding the 22nd due to Thanksgiving. The exact total came to $ 2,217,621.13 in recreational cannabis products sold within the five-day period from 56,380 individual cannabis products. Each customer was averaged to 3.4 items a purchase at $39.33, according to the Massachusetts Cannabis Control Commission (MCCC). The individual items include dried cannabis flower, infused edibles, oils, and more cannabis products.

The state voted to legalize cannabis and recreational cannabis sales in 2016 and, this month, became the seventh state in the U.S. to launch a program that allowed for the sale of recreational cannabis from licensed dispensaries to adult consumers. Massachusetts voters legalized medicinal cannabis 6 years ago in 2012. Since 2012 Massachusetts regulators have only allowed for two dispensaries, New England Treatment Access in Northampton and Cultivate in Leicester. The two locations were issued an additional license to perform recreational cannabis sales, as well as sales of pharmaceutical-grade medicinal cannabis products.

Learn more about current state-by-state regulations in the Cannin Report. Sign up for Cannin Free Access and subscribe to the Cannin Chronicle. We’ll help you determine which cannabis companies to invest in.

Source

Massachusetts Recreational Cannabis Stores Sell $2.2 Million in First 5 Days

About Cannin: Your Cannabis Stocks Resource

Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2020. 

Use Cannin as your resource for:

Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Are you looking to buy stock in hemp companies or marijuana companies for 2020? Interested in new penny hemp stock companies? Looking for the best Canadian cannabis stocks to invest in? Looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.

Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?

Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best cannabis stocks – we’ll show you how at cannin.com.

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Hemp stocks