D.C. Medical Cannabis Sales continue to drop
The District’s medical cannabis dispensaries sold more actual cannabis bud in August than the last two months: 436lbs. According to monthly program metrics released last week by The Alcoholic Beverage and Cannabis Administration (ABCA), D.C. registered medical dispensaries and grows sold over $4.7 million in cannabis in August 2023.
This is slightly less than August 2022 sales, and slightly more sales overall than July 2023 due to an increase in cultivation sales.
The biggest marker to keep an eye on is temporary and non-resident patients registered and served in D.C. It is unclear how Maryland’s adult-use legal marketing opening, which now allows anyone over 21 years old to buy recreational cannabis without a medical patient registration, will effect D.C.’s cannabis sales. The state remains in the top two places for non-resident or temporary patient registration in D.C., but these registrations could be unused and left to expire as Maryland’s market continues to grow.
On another note, D.C. businesses destroyed 5,960lbs of cannabis waste in August versus only 2,500lbs in July.