It has been four years since the Marijuana Regulation and Taxation Act, known as MRTA, was signed into law.
According to the Office of Cannabis Management, a lot has changed since those early days.
“In terms of the industry, we’ve had an incredible 2024 year where we did, I think, over $900 million in adult-use retail sales putting the total sales over $1 billion. So, just as a testament to what the industry is doing— our rate of licensure, our creativity, and drive of our licensees has been incredible,” said Felicia Reid, OCM’s Acting Executive Director.