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US (AZ): Sales continue decline as adult-use sags

Arizona's marijuana market saw continued softening in late summer, with September marking the lowest combined sales total of 2024, according to preliminary tax collection data.

September recreational marijuana sales reached $67.3 million while medical sales clocked in at a paltry $15.8 million, for combined sales of $83.1 million — the lowest monthly total this year and almost $9 million less than in August, when recreational sales hit $74.8 million and medical sales were $17.8 million. And three months make a trend, as July recreational sales were $74.8 million and medical sales came in at $18.1 million.

The declining sales in recent months continue a pattern seen throughout 2024. Recreational sales peaked in March at $89.4 million before beginning a steady decline. Medical sales have fallen even more dramatically, dropping from $24.3 million in March to September's $15.8 million — a record low and a 35% decrease.

Through September, Arizonans have bought almost $920 million in marijuana products: $732.5 million in recreational sales and $187.4 million in medical cannabis. At the current rate, total sales will fall short of the $1.4 billion seen last year.

Read more at azmirror.com

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